Section 125. Effective January 01, 1996, an Internal Revenue Code Section 125 will be implemented for all employees. This program will be Part I, which includes premiums for health insurance, vision insurance, dental insurance, and term life insurance. Enrollment will be based on the “automatic method.” This method requires forms only for those who waive participation in the plan. The employee must notify the employer prior to December 01 to waive participation. Changes in enrollment are limited to one time per year.
Appears in 10 contracts
Samples: Master Teachers Contract, Master Teachers Contract, Master Teachers Contract
