Section 125 Cafeteria Plan. The Board shall establish a flexible benefit plan intended to qualify as a "Cafeteria Plan" within the meaning of Section 125 (d) of the Internal Revenue Code of 1954, as amended to provide teachers with a choice of receiving certain taxable and tax-free benefits provided by the Board.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Employment Agreement, Employment Agreement
Section 125 Cafeteria Plan. The Board shall establish a flexible benefit plan intended to qualify quality as a "Cafeteria Plan" within the meaning of Section 125 (d) of the Internal Revenue Code of 1954, as amended to provide teachers with a choice of receiving certain taxable and tax-free benefits provided by the Board.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
