Common use of Flexible Spending Account Clause in Contracts

Flexible Spending Account. The Employer will provide an opportunity to employees to voluntarily participate in a flexible spending account, subject to Internal Revenue Service Code Section 125. Employees may choose to set aside an amount from their paychecks, which is not taxed. This money can be set aside only in a medical and/or dependent care account for payment of eligible expenses.

Appears in 14 contracts

Samples: Labor Contract, Labor Contract, Labor Contract

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Flexible Spending Account. The Employer will provide an opportunity to employees to voluntarily participate in a flexible spending account, subject to Internal Revenue Service Code Section 125. Employees may choose to set aside an amount from their paychecks, paychecks which is not taxed. This money can be set aside only in a medical and/or dependent care account for payment of eligible expenses.

Appears in 5 contracts

Samples: Labor Contract, Labor Contract, Labor Contract

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Flexible Spending Account. The Employer A flexible spending account will provide an opportunity be made available to employees subject to voluntarily participate in section 125 of the Internal Revenue Code. Employees who elect to set up a flexible spending account, subject to Internal Revenue Service Code Section 125. Employees account may choose to set aside an amount from their paychecks, which is not taxed. This money can be set aside only in a medical and/or dependent care use the account for payment of eligible expensesinsurance premiums, permitted medical care or dependent care. The Board agrees to pay any and all administration costs.

Appears in 4 contracts

Samples: Comprehensive Agreement, Collective Bargaining Agreement, Comprehensive Agreement

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