Common use of Salary Enhancement Plans Clause in Contracts

Salary Enhancement Plans. a) Effective January 1, 1991, eligible employees can participate in the County's Health Care Premium Conversion Plan, which under IRS Code Section 125 will allow eligible employees to make required health care premium contributions with pre-tax salary through payroll deduction. Benefits eligible for this diversion are premium contributions towards group health and dental insurance. b) Effective January 1, 1991, eligible employees can open through the County a Health Care Reimbursement Account under IRS Code Section 105, which will allow eligible employees to use pre-tax salary set aside for reimbursement of employee's expenses not reimbursed or covered under health, dental, and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's group health insurance plan. c) The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 begun in 1989. d) All of these salary deferral plans will be or have been implemented and administered by the County in accordance with applicable Federal and State laws and, as such, will not be subject to Article 27 of this MOU.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Salary Enhancement Plans. a) Effective January 1, 1991, eligible a. Eligible employees can participate in the County's Health Care Premium Conversion Plan, which under IRS Code Section 125 will allow eligible employees to make required health care premium contributions with pre-tax salary through payroll deduction. Benefits eligible for this diversion are premium contributions towards toward group health health, dental and dental supplemental term life insurance. b) Effective January 1, 1991, eligible b. Eligible employees can open through the County a Health Care Reimbursement Account under IRS Code Section 105, which will allow eligible employees to use pre-tax salary set aside for reimbursement of employee's expenses not reimbursed or covered under health, dental, and vision insurance plans. Such expenses include deductible, co-pays, and qualified medical expenses not reimbursed by the employee's group health insurance plan. c) c. The County will continue the Child and Dependent Care Assistance Plan under IRS Code Section 129 begun in 1989. d) d. All of these salary deferral plans will be or have been implemented and administered by the County in accordance with applicable Federal and State laws and, as such, will not be subject to Article 27 31 of this MOUMemorandum.

Appears in 1 contract

Samples: Memorandum of Understanding

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