Common use of IRS 125 Plan Clause in Contracts

IRS 125 Plan. a. The Board shall apply that part of the bargaining unit member’s salary which is the bargaining unit member’s participation in the monthly health benefits premium so as to tax-shelter that participation. The Board shall comply with IRS and federal law requirements in doing so.

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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