Common use of IRC Section 125 Plan Clause in Contracts

IRC Section 125 Plan. The City will continue to maintain an IRC Section 125 Plan whereby employees will be able to pay for their share of health and hospitalization insurance premiums with pre-tax earnings. This plan will remain in effect so long as it continues to be permitted by the Internal Revenue Code.

Appears in 11 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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IRC Section 125 Plan. The City will continue to maintain an IRC Section 125 Plan whereby employees will be able to pay for their share of health and hospitalization medical insurance premiums with pre-tax earnings. New employees will be automatically enrolled in this IRC Section 125 Plan unless the employee elects otherwise. This plan will remain in effect so long as it continues to be permitted by the Internal Revenue Code.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

IRC Section 125 Plan. The City will continue to maintain has an IRC Section 125 Plan whereby employees will be are able to pay for their share of health and hospitalization group insurance premiums (and other medical costs) with pre-tax earnings. This plan will remain in effect so long as it continues to be permitted by the Internal Revenue Code.Code.β€Œ

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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IRC Section 125 Plan. The City will continue to maintain an IRC Section 125 Plan whereby employees will be able to pay for their share of medical health and hospitalization insurance premiums with pre-tax earnings. New employees will be automatically enrolled in this IRC Section 125 Plan unless the employee elects otherwise. This plan will remain in effect so long as it continues to be permitted by the Internal Revenue Code.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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