Common use of Fringe Benefit Administration Clause in Contracts

Fringe Benefit Administration. Fringe Benefit Administration - City reserves the right to select the insurance carrier(s) or to self-administer any of the fringe benefit programs provided during the term of this MOA. In the event that any offered health plan is no longer offered, the City agrees to provide a suitable replacement health plan that is substantially comparable. All benefits provided under this section (Section 5) are subject to the characteristics of each individual benefit program. The value or availability of the benefits provided in this MOA as originally worded or as amended from time to time may depend on their tax treatment by the State or Federal government or the decisions of other government agencies or departments, such as, but not limited to, the California Public Employees' Retirement System (CaIPERS). The City will endeavor to obtain the most favorable treatment legally possible from these other governmental entities. However, the City makes no representation concerning the value of such benefits to unit members or how they will be taxed or otherwise treated by other agencies or departments. The City's obligations under this MOA are limited to the direct cost of providing the salary and benefits as described in this MOA. The City shall have no additional financial obligation, even if the tax or other treatment of such salary or benefits by other agencies or departments reduces or eliminates their value to the employee.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

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Fringe Benefit Administration. Fringe Benefit Administration - City reserves the right to select the insurance carrier(s) or to self-administer self‐administer any of the fringe benefit programs provided during the term of this MOAagreement. In the event that any offered health plan is no longer offered, the City agrees to provide a suitable replacement health plan that is substantially comparablecomparable and will agree to meet and confer regarding same. All benefits provided under this section (Section 56) are subject to the characteristics of each individual benefit program. The value or availability of the benefits provided in this MOA Memorandum of Agreement as originally worded or as amended from time to time may depend on their tax treatment by the State or Federal government or the decisions of other government agencies or departments, such as, but not limited to, the California Public Employees' Employees Retirement System (CaIPERS)System. The City will endeavor to obtain the most favorable treatment legally possible from these other governmental entities. However, the City makes no representation concerning the value of such benefits to unit members or how they will be taxed or otherwise treated by other agencies or departments. The City's obligations under this MOA Memorandum of Agreement are limited to the direct cost of providing the salary and benefits as described in this MOAMemorandum of Agreement. The City shall have no additional financial obligation, even if the tax or other treatment of such salary or benefits by other agencies or departments reduces or eliminates their value to the employee.

Appears in 1 contract

Samples: Memorandum of Agreement

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Fringe Benefit Administration. Fringe Benefit Administration - City reserves the right to select the insurance carrier(s) or to self-administer any of the fringe benefit programs provided during the term of this MOAagreement. In the event that any offered health plan is no longer offered, the City agrees to provide a suitable replacement health plan that is substantially comparablecomparable and will agree to meet and confer regarding same. All benefits provided under this section (Section 56) are subject to the characteristics of each individual benefit program. The value or availability of the benefits provided in this MOA Memorandum of Agreement as originally worded or as amended from time to time may depend on their tax treatment by the State or Federal government or the decisions of other government agencies or departments, such as, but not limited to, the California Public Employees' Employees Retirement System (CaIPERS)System. The City will endeavor to obtain the most favorable treatment legally possible from these other governmental entities. However, the City makes no representation concerning the value of such benefits to unit members or how they will be taxed or otherwise treated by other agencies or departments. The City's obligations under this MOA Memorandum of Agreement are limited to the direct cost of providing the salary and benefits as described in this MOAMemorandum of Agreement. The City shall have no additional financial obligation, even if the tax or other treatment of such salary or benefits by other agencies or departments reduces or eliminates their value to the employee.

Appears in 1 contract

Samples: Memorandum of Agreement

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