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.
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.
