Common use of FLEXIBLE SPENDING ACCOUNTS (FSAs Clause in Contracts

FLEXIBLE SPENDING ACCOUNTS (FSAs. Employees are eligible to participate in Dependent Care and Medical Spending Accounts authorized in accordance with Section 125 of the Internal Revenue Service (IRS) Code except as provided in the 2015 Letter of Understanding titled “Federal Excise Tax Implications”.

Appears in 2 contracts

Samples: Labor Agreement, Collective Bargaining Agreement

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FLEXIBLE SPENDING ACCOUNTS (FSAs. Employees The Employer shall maintain a flexible compensation plan for employees in these Bargaining Units, and employees are eligible to participate in Dependent Care and Medical Spending Accounts authorized in accordance with Section 125 of the Internal Revenue Service (IRS) Code except as provided in the 2015 2018 Letter of Understanding titled “Federal Excise Tax Implications”.

Appears in 1 contract

Samples: Collective Bargaining Agreement

FLEXIBLE SPENDING ACCOUNTS (FSAs. Employees are eligible to participate in Dependent Care and Medical Spending Accounts authorized in accordance with Section 125 of the Internal Revenue Service (IRS) Code except as provided in the 2015 Letter of Understanding titled “Federal Excise Tax Implications”. Beginning January 1, 2021, the Employer shall offer employees the option of enrolling in either a general-purpose flexible spending account or a limited-purpose flexible spending account, as authorized by federal law for healthcare expenses.

Appears in 1 contract

Samples: Labor Agreement

FLEXIBLE SPENDING ACCOUNTS (FSAs. Employees The Employer shall maintain a flexible compensation plan for employees in these Bargaining Units, and employees are eligible to participate in Dependent Care and Medical Spending Accounts authorized in accordance with Section 125 of the Internal Revenue Service (IRS) Code except as provided in the 2015 Letter of Understanding titled “Federal Excise Tax Implications”.

Appears in 1 contract

Samples: Labor Agreement

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FLEXIBLE SPENDING ACCOUNTS (FSAs. Employees are eligible to participate in Dependent Care and Medical Spending Accounts authorized in accordance with Section 125 of the Internal Revenue Service (IRS) Code except Code. Beginning January 1, 2021, the Employer shall offer employees the option of enrolling in either a general-purpose flexible spending account or a limited-purpose flexible spending account, as provided in the 2015 Letter of Understanding titled “Federal Excise Tax Implications”authorized by federal law for healthcare expenses.

Appears in 1 contract

Samples: Labor Agreement

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