SECTION 125 (MODIFIED). Effective January 1, 2005, the plan allows bargaining unit members to redirect a portion of salary, on a pre-tax basis, to a flexible spending account to provide reimbursement for two specific types of expenses: Dependent Care (DDC) and Unreimbursed Medical (URM). In addition, bargaining unit members may elect to redirect, on a pre-tax basis, a share of the monthly premium for health insurance.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
