Common use of Flexible Spending Account Plan Clause in Contracts

Flexible Spending Account Plan. A. All full-time and part-time employees in Union represented classifications shall be eligible to participate in the Flexible Spending Account Plan. Said plan shall be administered in compliance with Section 125 of the Internal Revenue Code (IRC). The Flexible Spending Account Plan will include salary reduction options for the following: 1. Pre-Tax Health Insurance Premium(s) for employees and their dependents; 2. Pre-Tax Health Care Spending Account; 3. Pre-Tax Dependent Care Spending Account; 4. Pre-Tax Life Insurance Premium (for amounts up to $50,000); 5. Pre-Tax Personal Accident Insurance 6. Pre-Tax Catastrophic Care Programs. These options are described in detail in the Flexible Spending Plan legal document which is available to all employee organizations. Compensation received in accordance with Article 13 (Cafeteria Dollars) may be used by employees to fund the options described above. All salary reduction amounts are included in base salaries for the purpose of computing retirement earnings and are subject to appropriate Internal Revenue Service regulations. The APCD shall meet and confer with the Union prior to revising the benefit options unless mandatory by law to change benefit options. B. Benefits selected under this Plan cannot be changed during the plan year except for a change in family status consistent with the benefit change. Enrollment in the Plan shall be offered on an annual basis at the beginning of the Plan year. New employees may enroll within the first thirty (30) days of employment. Continued operation of the program shall be subject to APCD administrative procedures and the IRC.

Flexible Spending Account Plan. A. All full-time full and part-time employees in Union SBCAPCDEA represented classifications shall be eligible to participate in the APCD sponsored Flexible Spending Account Plan. Said plan shall be administered in compliance with Section 125 of the Internal Revenue Code (IRC). The Flexible Spending Account Plan will include salary reduction options for the following: 1. Pre-Tax Health Insurance Premium(s) - for employees and their dependents; 2. Pre-Tax Health Care Spending Account; 3. Pre-Tax Dependent Care Spending Account; 4. Pre-Tax Life Insurance Premium Premium(s) (for amounts up to $50,00050,000 coverage); 5. Pre-Tax Personal Accident Insurance; 6. Pre-Tax Catastrophic Care ProgramsInsurance. These options are described in detail in the Flexible Spending Plan brochure and in the legal plan document which is available to all employee organizationsemployees. Compensation received in accordance with Article 13 12 (Cafeteria Dollars) may be used by employees to fund the options described above. All salary reduction amounts are included in base salaries for the purpose of computing retirement earnings and are subject to appropriate Internal Revenue Service regulations. The APCD shall meet and confer with the Union SBCAPCDEA prior to revising the benefit options unless mandatory mandated by law to change benefit options. B. Benefits selected under this Plan cannot be changed during the plan year except for a change in family status consistent with the benefit change. Enrollment in the Plan shall be offered on an annual basis at the beginning of the Plan year. New employees may enroll within the first thirty (30) days of employment. Continued operation of the program shall be subject to APCD administrative procedures and the IRC.

Flexible Spending Account Plan. A. All full-time full and part-time employees in Union SBCAPCDEA represented classifications shall be eligible to participate in the APCD sponsored Flexible Spending Account Plan. Said plan shall be administered in compliance with Section 125 of the Internal Revenue Code (IRC). The Flexible Spending Account Plan will include salary reduction options for the following: 1. Pre-Tax Health Insurance Premium(s) - for employees and their dependents; 2. Pre-Tax Health Care Spending Account; 3. Pre-Tax Dependent Care Spending Account; 4. Pre-Tax Life Insurance Premium Premium(s) (for amounts up to $50,00050,000 coverage); 5. Pre-Tax Personal Accident Insurance; 6. Pre-Tax Catastrophic Care ProgramsInsurance. These options are described in detail in the Flexible Spending Plan brochure and in the legal plan document which is available to all employee organizationsemployees. Compensation received in accordance with Article 13 12 (Cafeteria Dollars) may be used by employees to fund the options described above. All salary reduction amounts are included in base salaries for the purpose of computing retirement earnings and are subject to appropriate Internal Revenue Service regulations. The APCD shall meet and confer with the Union SBCAPCDEA prior to revising the benefit options unless mandatory mandated by law to change benefit options. B. Benefits selected under this Plan cannot be changed during the plan year except for a change in family status consistent with the benefit change. Enrollment in the Plan shall be offered on an annual basis at the beginning of the Plan year. New employees may enroll within the first thirty (30) days of employment. Continued operation of the program shall be subject to APCD administrative procedures and the IRC.