IRS 125 Plan. Each teacher covered by this agreement shall have the option of participating in an IRS Section 125 Flexible Benefit Plan. The administration and participation costs of this benefit shall be paid for by the Board of Education. This fund will be administered according to the law. All payroll deductions will be deposited into the proper bank account in a timely fashion.
Appears in 4 contracts
Samples: Negotiated Professional Agreement, Negotiated Professional Agreement, Negotiated Professional Agreement