We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Plan 125 Sample Clauses

Plan 125. The Board shall select a carrier for a Section 125 plan available to each member of the bargaining unit. There will be no maintenance charges to the Board. Bargaining unit members shall have the right to participate in all phases of the 125 plan (i.e. medical premium, medical out of pocket and qualified dependent care.) All employees must annually sign the form to participate in the program or to decline participation.
AutoNDA by SimpleDocs
Plan 125. All employee contribution for Hospitalization/Dental Coverage are deducted on a pre-tax basis toward their share of the cost of the benefits. The employee should refer to the Summary Plan Description of the Benefit Plan for the Employees of Conn-Selmer, Inc. for details regarding this program.
Plan 125. The Board shall select a carrier for a Section 125 Plan available to each member of the bargaining unit. Bargaining unit members shall have the right to participate in all phases of the 125 Plan (e.g. medical premium, medical out of pocket and qualified dependent care).
Plan 125. A plan under Internal Revenue code Section 125 shall be adopted for every member of the bargaining unit who qualifies. Each bargaining unit member who is qualified shall have the right to participate in the Section 125 plan.
Plan 125An employee may choose to have their employee contribution for Hospitalization/Dental Coverage deducted on a pre-tax basis toward their share of the cost of the benefits. The employee should refer to the Summary Plan Description of the Benefit Plan for the Employees of United Musical Instruments U.S.A., Inc. for details regarding this program.
AutoNDA by SimpleDocs

Related to Plan 125

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!