IRC Section 125 Plan. Where the Plan of Benefits, or any component or program thereof, covering the staff employees of the Contributing Employer offers staff employees the ability to obtain coverage by making pre-tax payments or contributions, the Contributing Employer shall adopt and maintain a qualified Internal Revenue Code Section 125 plan to enable such payments to be made.
Appears in 3 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
IRC Section 125 Plan. Where the Plan of Benefits, or any component or program thereof, covering the staff employees of the Contributing Employer offers staff employees the ability to obtain coverage by making pre-tax payments or contributions, the Contributing Employer shall may adopt and maintain a qualified Internal Revenue Code Section 125 plan to enable such payments to be made.
Appears in 2 contracts
