Premium Conversion. The County shall continue under IRS Code Section 125 to administer a Health Care Premium conversion Plan that allows eligible employees to make their required contributions towards health premiums with pre-tax dollars through payroll deduction. The county will make no contribution to this plan, however, it will bear the cost of administering this benefit.
Appears in 7 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
