Common use of Salary Enhancement Plans Clause in Contracts

Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code which has the effect of deferring Federal and State income taxes on the employee's retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Account to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will not be grievable or arbitrable.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code Code, which has the effect of deferring Federal and State income taxes on the employee's ’s retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental dental, and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Account to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will are not be grievable or arbitrablesubject to Article 27 (Grievance Procedure) of the Memorandum.

Appears in 1 contract

Samples: Memorandum of Understanding

Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code Code, which has the effect of deferring Federal and State income taxes on the employee's retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Account to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's ’s medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's ’s health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will are not be grievable or arbitrablesubject to Article 27 (Grievance Procedure) of the Memorandum.

Appears in 1 contract

Samples: Memorandum of Understanding

Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code Code, which has the effect of deferring Federal and State income taxes on the employee's retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Flexible Spending Account to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will not be grievable or arbitrable.

Appears in 1 contract

Samples: Memorandum of Understanding

Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code which has the effect of deferring Federal and State income taxes on the employee's ’s retirement contributions. The County shall continue, continue under IRS Code Section 125, 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Flexible Spending Account (FSA) to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's ’s medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's ’s health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan (DCAP) under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will not be grievable or arbitrablesubject to Article 28 (Grievance Procedure) of the Memorandum.

Appears in 1 contract

Samples: Memorandum of Understanding

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Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code which has the effect of deferring Federal and State income taxes on the employee's retirement contributions. The County shall continue, 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Flexible Spending Account (FSA) to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's ’s medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's ’s health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject Subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will not be grievable or arbitrable.

Appears in 1 contract

Samples: Memorandum of Understanding

Salary Enhancement Plans. ‌‌ All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code Code, which has the effect of deferring Federal and State income taxes on the employee's ’s retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental dental, and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Flexible Spending Account (FSA) to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's eligible medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will are not be grievable or arbitrablesubject to Article 27 (Grievance Procedure) of the Memorandum.

Appears in 1 contract

Samples: Memorandum of Understanding

Salary Enhancement Plans. All employees who belong to the retirement system shall have their wages adjusted according to Section 414(h)(2) of the Internal Revenue Code which has the effect of deferring Federal and State income taxes on the employee's retirement contributions. 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. Benefits eligible for this conversion are premium contributions for group medical, dental and vision benefits and do not constitute any contribution from the County. The County shall continue to offer under IRS Code Section 105, a Health Care Reimbursement Flexible Spending Account (FSA) to enable eligible employees to set aside pre-tax dollars for reimbursement of employee's medical expenses not reimbursed or covered under medical, dental and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's health insurance plan and shall be expanded to the maximum amount stipulated in the Plan and consistent with the law. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 subject to the limitations and maximums as stipulated under law. All of these plans will be administered by the County in accordance with applicable Federal and State laws as amended and, as such, will not be grievable or arbitrable.

Appears in 1 contract

Samples: Memorandum of Understanding

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