Section 125-IRS Sample Clauses

Section 125-IRS. The unreimbursable medical cap for the Section 125 IRS provisions shall be modified to be in accordance with federal law.
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Related to Section 125-IRS

  • Section 125 Plan The Trustees shall continue the Section 125 plan to allow pretax treatment of the employee’s share of health and dental insurance premiums. The plan will be available as soon as practicable, but no later July 1, 1998. The plan will be amended to include a medical reimbursement account and a dependent care reimbursement account to be available for enrollment no earlier than July 1, 2003, but no later than December 31, 2003.

  • Section 125 The benefits provided to an administrator by Section 125 of the Revenue Act of 1978, both Generation I and Generation II, shall be made available. Any start-up cost and annual fee (if charged) will be paid by the school district and the monthly administrative fee will be paid by participating administrator.

  • Section 14.3 45 The parties recognize that an employee should have the option of declining to participate as a member 46 in the Association, yet contribute financially to the activities of the Association in representing such 47 employee as a member of the collective bargaining unit. Therefore, as an alternative to, and in lieu of 48 the membership requirements of the previous sections of this Article, an employee who declines 1 membership in the Association may pay to the Association each month a representation fee as a 2 contribution towards the administration of this Agreement in an amount equal to the regular monthly 3 dues. This representation fee shall be collected by the Association in the same manner as monthly 4 dues.

  • Section 11.1 28 The District shall have the right to discipline or discharge an employee for justifiable cause. The issue 29 of justifiable cause shall be resolved in accordance with the grievance procedure hereinafter provided.

  • Section 10.7 Conflict with Trust Indenture Act..............................12

  • Section 12.3 5 The District shall make required contributions for State Industrial Insurance on behalf of all employees 6 subject to this Agreement.

  • Section 11.2 Governing Law..................................................14 SECTION 113. Legal Holidays.................................................14

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