R.S. SECTION 125 Sample Clauses

R.S. SECTION 125. The EMPLOYER will provide as soon as feasible, I.R.S. Section 125 document(s) allowing employees who choose to participate, the ability to pay for employee contributions with pre-tax dollars for the following:
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R.S. SECTION 125. A teacher may participate in the School Corporation’s flexible benefits plan. Prior to determination and adoption of the plan by the Board under the provision of Section 125 of the Internal Revenue Service Code, the Association shall be given the opportunity to review and have input on the plan through a joint committee. The plan will provide for salary reduction agreements for the employee share of group insurance premiums.

Related to R.S. SECTION 125

  • Section 125 The benefits provided to an administrator by Section 125 of the Revenue Act of 1978, both Generation I and Generation II, shall be made available. Any start-up cost and annual fee (if charged) will be paid by the school district and the monthly administrative fee will be paid by participating administrator.

  • Section 16.3 16 For purposes of calculating daily hours, time worked shall be rounded to the next one-quarter (¼) hour.

  • Section 17.3 13 This Agreement may be reopened and modified at any time during its term upon mutual consent of the 14 parties in writing; provided, however, that this Agreement shall be reopened to renegotiate Article XII,

  • Section 12.3 5 The District shall make required contributions for State Industrial Insurance on behalf of all employees 6 subject to this Agreement.

  • Section 16.2 29 All provisions of this Agreement shall be applicable to the entire term of this Agreement 30 notwithstanding its execution date, except as provided in the following section.

  • Section 125-Tax Shelter Tax sheltering of the individual’s contribution for health costs, unreimbursed medical expenses and dependent coverage will be provided, under IRS Section 125. All COG employers must offer the IRS Section 125 tax shelter provided through the COG. If an employee elects to utilize any of the IRS 125 benefits, the administrative cost shall be shared equally between the employee and the employer.

  • Section 11.3 No Personal Liability of Directors, Officers, Employees, Stockholders or Incorporators........................... 31

  • Section 11.2 Governing Law..................................................14 SECTION 113. Legal Holidays.................................................14

  • Section 14.3 24 The parties recognize that an employee should have the option of declining to participate as a member in 25 the Association, yet contribute financially to the activities of the Association in representing such 26 employee as a member of the collective bargaining unit. Therefore, as an alternative to, and in lieu of the 27 membership requirements of the previous sections of this Article, an employee who declines membership 28 in the Association may pay to the Association each month a service charge as a contribution towards the 29 administration of this Agreement in an amount not to exceed the regular monthly dues. This service 30 charge shall be collected by the Association in the same manner as monthly dues.

  • Section Unless otherwise stated herein, the term "Section" when used in this Agreement shall refer to the Sections of this Agreement.

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