Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.
Appears in 4 contracts
Samples: Employment Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). ) If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accountsTax Exempt Premium Contribution At January 1, the limits will be the statutory limits.1995 Employee Reimbursement Accounts At July 1, 1995
Appears in 1 contract
Samples: Collective Bargaining Agreement
Flexible Benefits. The School District will establish a Section 125 premium conversion account as well as medical/dental and dependent care employee reimbursement account. The employee contribution limit for the medical/dental account is set at two thousand dollars ($2,000). The employee contribution limit for the dependent care account is set at the statutory limit of five thousand dollars ($5,000). If the statutory limits are reduced below the amounts stated herein for these accounts, the limits will be the statutory limits.
Appears in 1 contract
Samples: Employment Agreement