Salary Redirect or Flex Plan. 1. The Board shall maintain a cafeteria plan, which meets the requirements of Section 125 and other applicable provisions of the Internal Revenue Code. If, at any time, such Section 125 and/or the other applicable provisions of the Internal Revenue Code are amended, the parties shall promptly meet to agree upon an amendment to the cafeteria plan.
Appears in 3 contracts
Samples: Final Official Copy, Staff Agreement, Staff Agreement
Salary Redirect or Flex Plan. 1. A. The Board shall maintain a cafeteria plan, plan which meets the requirements of the Section 125 and other applicable provisions of the Internal Revenue Code. If, at any time, such Section 125 and/or the other applicable provisions of the Internal Revenue Code are amended, the parties shall promptly meet to agree upon an amendment to of the cafeteria plan.
Appears in 1 contract
Samples: Professional Agreement