MinneFlex Plan Sample Clauses

The MinneFlex Plan clause establishes the terms and conditions for an employee benefits program that offers flexible spending options. Typically, this clause outlines how employees can allocate pre-tax earnings toward eligible expenses such as healthcare or dependent care, and may specify enrollment procedures, contribution limits, and reimbursement processes. Its core function is to provide employees with tax-advantaged ways to manage certain personal expenses, thereby enhancing benefits offerings and supporting financial planning.
MinneFlex Plan. Upon proper application, Benefit Eligible Employees will be enrolled in the Employer's MinneFlex Plan. The Plan Document will control all questions of eligibility, enrollment, claims and benefits.
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Related to MinneFlex Plan

  • Medical Plan ‌ Eligible employees and dependants shall be covered by the British Columbia Medical Services Plan or carrier approved by the British Columbia Medical Services Commission. The Employer shall pay one hundred percent (100%) of the premium. An eligible employee who wishes to have coverage for other than dependants may do so provided the Medical Plan is agreeable and the extra premium is paid by the employee through payroll deduction. Membership shall be a condition of employment for eligible employees who shall be enrolled for coverage following the completion of three (3) months’ employment or upon the initial date of employment for those employees with portable service as outlined in Article 14.12.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • 401(k) Plan Executive shall be entitled to participate in the Company’s 401K plan in accordance with its terms and conditions.

  • Health Plan An appropriately licensed entity that has entered into a contract with Subcontractor, either directly or indirectly, under which Subcontractor provides certain administrative services for Health Plan pursuant to the State Contract. For purposes of this Appendix, Health Plan refers to UnitedHealthcare Insurance Company.