Section 125 Plan (Cafeteria Plan) Sample Clauses

Section 125 Plan (Cafeteria Plan). 1. The Board shall maintain a “Cafeteria Plan” that is designed to allow teachers who must make employee contributions for health care coverage to elect to do so on a pre-tax basis. The “Cafeteria Plan” shall also allow teachers to elect to participate in the dependent care and medical care flexible spending accounts (FSAs”) described in paragraph 3 below.
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Section 125 Plan (Cafeteria Plan). A. The Board shall establish a “Cafeteria Plan” that is designed to allow employees who must make employee contributions for health care coverage to elect to do so on a pre-tax basis. The “Cafeteria Plan” shall allow employees the option to elect to participate in the dependent care and medical care flexible spending accounts (“FSA’s”) described in paragraph C below.
Section 125 Plan (Cafeteria Plan). A. The Board shall establish a “Cafeteria Plan” that is designed to (a) allow members who must make member contributions for health care coverage to elect to do so on a pre-tax basis, (b) allow members to elect to receive additional cash in lieu of Board paid health care coverage (as agreed to by the Board and the PEA), and (c) allow members to elect to participate in the dependent care and medical care flexible spending accounts (FSAs) described in paragraph (C) below. In accordance with the foregoing, the Waiver of Coverage (Section 24.7) provisions of this Agreement shall be made through the Cafeteria Plan.
Section 125 Plan (Cafeteria Plan). 1. The Board shall establish, a ―Cafeteria Plan‖ that is designed to (a) allow teachers who must make employee contributions for health care coverage to elect to do so on a pre-tax basis, (b) allow teachers to elect to receive additional cash in lieu of Board paid health coverage (as agreed to by the Board and the Association), and (c) allow teachers to elect to participate in the dependent care and medical care flexible spending accounts (―FSAs‖) described in Paragraphs 3 & 4 below. In accordance with the foregoing, the Payment in Lieu of Insurance Coverage (Paragraph F., below) provisions of this Agreement shall be made through the Cafeteria Plan.
Section 125 Plan (Cafeteria Plan). Effective March 1, 1998, a Cafeteria Plan is available for pre-tax benefits at the option of the employee. (97- 98; 97-99)
Section 125 Plan (Cafeteria Plan). FSA/Section 125 plan will be complied with.

Related to Section 125 Plan (Cafeteria Plan)

  • 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.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

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