IRC 125 Sample Clauses

IRC 125. The District shall implement an IRC (Internal 13 Revenue Code) 125 payroll deduction plan. The District agrees to solicit CSEA's 14 input in identifying a third party administrator for such a plan. The District reserves 15 the right, however, to select the administrator and to define the plan options. Any 16 administration fee associated with the payroll deduction plan shall be the sole 17 responsibility of the unit member utilizing the plan.
IRC 125. The District agrees to establish and support an IRC 125 Flexible Spending Plan offered by American Fidelity Assurance or similar service provider mutually agreed upon by CSEA and the District effective July 1, 2006. The District will provide locations where unit members can meet with servicing representatives to allocate spending account funds each plan year. There will be no cost of plan administration to bargaining unit members.
IRC 125 

Related to IRC 125

  • Anti-Boycott Verification To the extent this Agreement constitutes a contract for goods or services within the meaning of Section 2270.002 of the Texas Government Code, as amended, solely for purposes of compliance with Chapter 2270 of the Texas Government Code, and subject to applicable Federal law, the Developer represents that neither the Developer nor any wholly owned subsidiary, majority-owned subsidiary, parent company or affiliate of Developer (i) boycotts Israel or (ii) will boycott Israel through the term of this Agreement. The terms “boycotts Israel” and “boycott Israel” as used in this paragraph have the meanings assigned to the term “boycott Israel” in Section 808.001 of the Texas Government Code, as amended.

  • Flexible Work Arrangements (7.01) The Employer agrees to consider requests from full-time employees who wish to work part-time hours and share a full-time position with another employee. The Employer will have the sole discretion in deciding whether to agree to such requests. The terms and conditions applicable to any such arrangement shall be agreed upon by the Employer, Union and the employees affected. It is understood that any such arrangements will be for a limited period of time. Where necessary, the Union will agree to the employment of a temporary employee for the duration of such an arrangement.

  • Salary Sacrifice to Superannuation (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation.

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