Flex 125 Plan definition

Flex 125 Plan. A comprehensive “Flex 125” Plan, based on the parameters to be determined in consultation with the Federation shall be implemented no later than July 1, 2002.
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Examples of Flex 125 Plan in a sentence

  • All members of the bargaining unit will be eligible to participate in the County’s Flexible Spending Account Plan (Flex 125 Plan).

  • The County will provide a Flexible Spending Account (IRS Flex 125 Plan), with County limits and procedures to be established.

  • A Flex 125 Plan will be offered Employees may enroll in either individual or family coverage as determined by whether an individual has dependents, which would benefit from such coverage and comparable coverage is not otherwise available to the employee.

  • The District shall permit active unit members to participate in the District’s Flex 125 Plan.

  • Employees may participate in a Flex 125 Plan on a voluntary basis and defer tax dollars on qualifying expenses (health insurance premiums, child/dependent care expenses and out-of-pocket medical, dental and vision expenses).

Related to Flex 125 Plan

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • HSA means the Healthy School Act, D.C. Law 18-209 passed by the City Council for the District of Columbia to establish local nutritional standards for school meals, and its subsequent amendments.

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • Company 401(k) Plan has the meaning set forth in Section 6.09(a).

  • Buyer 401(k) Plan has the meaning set forth in Section 6.09(a).