Common Contracts
1 similar null contracts
ContractMay 4th, 2017
Your portion of your medical premium will be deducted on an after-tax basis for both Federal and State withholding purposes, unless you elect to have it deducted on a pre-tax basis. By electing the pre-tax option, through the Section 125 Cafeteria Plan, your taxable income will be reduced. The District is obligated to inform you that if you elect the pre-tax payroll deduction, FICA taxes are not paid on this Section 125 Cafeteria Plan salary deduction; therefore, any Social Security benefits at retirement may be reduced.
