Section 125 Cafeteria Plan. 1. Each teacher’s premium deductions for fringe benefits under this plan will be deducted on a pre-tax basis and pursuant to IRS guidelines. Each teacher must complete the necessary forms and provide documentation establishing eligibility to participate in this plan. 2. For teachers who elect to participate in the flexible spending account plan for uninsured medical expenses and/or dependent care expenses, amount(s) designated by the teacher will be deducted from paychecks on a pre-tax basis. Teachers choosing to participate in these plans shall be responsible for administrative charges associated with his/her account.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
