Common use of Section 125 Provisions Clause in Contracts

Section 125 Provisions. The benefits provided to Bus Technicians by the provisions of Section 125 of the U.S. Revenue Code (Flexible Benefit Plan), Generation I and Generation II, shall be made available by the Board to all Bus Technicians. The monthly administrative costs/fees shall be paid by the Board.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Section 125 Provisions. The benefits provided to Bus Technicians Employees by the provisions of Section 125 of the U.S. Revenue Code (Flexible Benefit Plan), Generation I and Generation II, shall be made available by the Board to all Bus TechniciansDrivers. The monthly administrative costs/fees shall be paid by the Board.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement