Common use of Flexible Spending Account for Health and Dependent Care Reimbursement Clause in Contracts

Flexible Spending Account for Health and Dependent Care Reimbursement. (125) The City will continue to offer a Section 125 Plan pursuant to the IRS Code. City shall establish annual enrollment period for the Section 125 Plan and each employee must re-enroll if he/she wishes to participate in the Section 125 Plan for the following calendar year. City shall have the authority to implement changes to the 125 Programs to comply with changes in applicable IRS laws without having to go through the meet and confer process but agrees to coordinate all changes through the Employee Benefits Committee.

Flexible Spending Account for Health and Dependent Care Reimbursement. (125) The City will continue to offer a Section 125 Plan pursuant to the IRS Code. City shall establish annual enrollment period for the Section 125 Plan and each employee must re-enroll if he/she wishes they wish to participate in the Section 125 Plan for the following calendar year. City shall have the authority to implement changes to the 125 Programs to comply with changes in applicable IRS laws without having to go through the meet and confer process but agrees to coordinate all changes through the Employee Benefits Committee.