Common use of Internal Revenue Code Section 125 Clause in Contracts

Internal Revenue Code Section 125. Unit members who are eligible shall be permitted to utilize the provisions of IRS Code Section 125. The District shall not be responsible for any cost or fee charged by a third party administrator. The Association shall participate in the selection of the third party administrator. Participation by eligible unit members shall require an annual election, made at the time of hire or during the open enrollment period each year held in conjunction with the health/dental open enrollment. No other opportunities during the year for employees to elect or participate in or withdraw from the plan are provided for by law. Continuation of this plan is subject to the IRS Code. Should the IRS Code be changed or modified in any way, the plan shall automatically be amended to comply with any federal/state changes. The Association agrees to defend, indemnify and hold harmless the District, its officers, agents and employees from any claims, demands, damages, or other liability, including costs and attorney fees, arising out of this section or the administration or implementation thereof.

Internal Revenue Code Section 125. Unit members who are eligible shall be permitted to utilize the provisions of IRS Code Section section 125. The District shall not be responsible for any cost or fee charged by a third party administrator. The Association shall participate in the selection of the third party administrator. Participation by eligible unit members shall require an annual election, made at the time of hire or during the open enrollment period each year held in conjunction with the health/dental open enrollment. No other opportunities during the year for employees to elect or participate in or withdraw from the plan are provided for by law. Continuation of this plan is subject to the IRS Code. Should the IRS Code be changed or modified in any way, the plan shall automatically be amended to comply with any federal/state changes. The Association agrees to defend, indemnify and hold harmless the District, its officers, agents agents, and employees from any claims, demands, damages, or other liability, including costs and attorney fees, arising out of this section or the administration or implementation thereof.

Internal Revenue Code Section 125. Unit members who are eligible shall be permitted to utilize the provisions of IRS Code Section section 125. The District shall not be responsible for any cost or fee charged by a third third-party administrator. The Association shall participate in the selection of the third third-party administrator. Participation by eligible unit members shall require an annual election, made at the time of hire or during the open enrollment period each year held in conjunction with the health/dental open enrollment. No other opportunities during the year for employees to elect or participate in or withdraw from the plan are provided for by law. Continuation of this plan is subject to the IRS Code. Should the IRS Code be changed or modified in any way, the plan shall automatically be amended to comply with any federal/state changes. The Association agrees to defend, indemnify and hold harmless the District, its officers, agents agents, and employees from any claims, demands, damages, or other liability, including costs and attorney fees, arising out of this section or the administration or implementation thereof.