Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be a deduction from their paycheck.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be , as a deduction from their paycheck.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate Although employees may use cash contributions made to wages they receive through the cafeteria plan (if applicable) to pay the premiums for this purchase supplemental term life insurance. However, they may, on a post-tax basis, allocate any cannot defer cash back wages they receive from through the cafeteria plan for that purposedirectly into the purchase of supplemental term life insurance. It must be a deduction from their paycheck.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be purpose as a deduction from their paycheck.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate Although employees may use cash contributions made to wages they receive through the cafeteria plan (if applicable) to pay purchase supplemental term life insurance, they cannot defer cash wages they receive through the premiums for this cafeteria plan directly into the purchase of supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose. It must be a an after tax deduction from their paycheck.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate cash contributions made to the cafeteria plan to pay the premiums for this supplemental term life insurance. However, they may, on a post-tax basis, allocate any cash back they receive from the cafeteria plan for that purpose, as . It must be a deduction from their paycheck.
Appears in 1 contract
Samples: Memorandum of Understanding
Supplemental Term Life Insurance. Employees may also purchase supplemental term life insurance, if available, with deductions from their bi-weekly compensation as designated by each employee. Employees cannot allocate Although employees may use cash contributions made to wages they receive through the cafeteria plan (if applicable) to pay the premiums for this purchase supplemental term life insurance. However, they may, on a post-tax basis, allocate any cannot defer cash back wages they receive from through the cafeteria plan for that purposedirectly into the purchase of supplemental term life insurance. It must be a deduction from their paycheck.. 131. RETIREE MEDICAL INSURANCE
Appears in 1 contract
Samples: Memorandum of Understanding