Flexible Spending Plan. The District will offer a flexible spending, dependent care excess medical cost reimbursement account plan under Section 125 of the Internal Revenue Code (IRC). A Flexible Spending Account (FSA) allows unit members to designate a certain amount of taxable income on a pre- tax basis to pay out of pocket medical and dependent care expenses.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement