Cafeteria plan definition

Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.

Cafeteria plan means a written benefit plan offered by an employer in which:

Cafeteria plan means a cafeteria plan under Code Section 125 sponsored by the Company.

Examples of Cafeteria plan in a sentence

• An employee who selects a health insurance plan which costs less than the City’s maximum monthly contribution may have the difference placed in his/her deferred compensation account, purchase products available through the City’s Cafeteria plan, or receive a cash payout.

• In addition, the University provides access to a number of voluntary benefits programs such as the Missouri Cafeteria plan.

• Section 13.9 The parties agree that, based on these Health and Welfare Plan contributions being Employer provided and specifically for the purpose of providing sworn Fire personnel and dependents with such Health and Welfare benefits, employee deductions by the City shall be made in a manner so as to allow sworn Fire employees with all rights granted to other City employees under IRS 125 and its related provisions and regulations authorizing the City’s Cafeteria plan.

• Effective January 1, 2010, the City implemented a Full Flex Cafeteria plan (known as the Flexible Benefits Plan) for active employees, in accordance with IRS Code Section 125.

• Active employees participating in the City’s Full Flex Cafeteria plan shall receive a monthly flex dollar allowance to purchase benefits under the plan.

More Definitions of Cafeteria plan

Cafeteria plan means a "qualified" employee benefit program under IRC section 125, such as certain health and welfare plans.

Cafeteria plan means the PEBP Section 125 Health and Welfare Benefits Plan, intended to meet the requirements of Code Section 125 and the regulations thereunder.

Cafeteria plan means a plan defined and authorized by Section 125, Internal Revenue Code of 1986.

Cafeteria plan means a benefit plan established pursuant to 26 U.S.C. Section 125;

Cafeteria plan means a plan as defined and

Cafeteria plan means a benefit plan established pursuant

Cafeteria plan means a written plan as defined in 26 U.S.C. 125 under which all participants are eligible public employees and the participants are allowed to choose among two or more benefits consisting of cash and statutory nontaxable benefits;