Common use of Salary Reduction Program Clause in Contracts

Salary Reduction Program. The College shall make available to members an IRS Section 125 salary reduction program for insurance premiums, and eligible non-reimbursed medical and dental care expenses. The maximum reimbursement for non-reimbursed medical and dental expenses shall be two thousand five hundred dollars ($2,500) and the maximum reimbursement for non-reimbursed dependent care shall be five thousand dollars ($5,000).

Salary Reduction Program. ‌ The College shall make available to members an IRS Section 125 salary reduction program for insurance premiums, and eligible non-reimbursed medical and dental care expenses. The maximum reimbursement for non-reimbursed medical and dental expenses shall be two thousand five hundred dollars ($2,500) and the maximum reimbursement for non-reimbursed dependent care shall be five thousand dollars ($5,000).