Qualified Benefits definition

Qualified Benefits means the HRA benefit under this Plan.
Qualified Benefits means the benefits identified in Appendix A that are available to Eligible Employees and for which an Eligible Employee may pay for his or her share of their cost through the Flexible Benefits Plan hereunder.
Qualified Benefits means the following Benefits for which Employee Contributions are made on a pre-tax basis under the Cafeteria Plan and as set forth in the Related Documents:

Examples of Qualified Benefits in a sentence

  • Employer must contribute to provide Qualified Benefits on behalf of each Qualified Employee, regardless of whether an Employee makes a salary contribution of their own.

  • Applies to Elections of Qualified Benefits and Elections with Respect to the Dependent Care Flexible Spending Account).

  • Each claim will be substantiated by the submission of a third-party statement that shows that the claim is for a Qualified Benefits Expense, or by automated means that comply with guidelines established under IRS Rev.

  • Payment of Qualified Benefits shall be made out of the assets of the Employer generally available for payment of its obligations.

  • Qualified Benefits paid under the terms of this Plan shall not be treated as additional compensation to the Participant for purposes of determining contributions or benefits under any qualified retirement plan maintained by the Employer or for purposes of any other benefit obligations of the Employer unless otherwise provided under the terms of the retirement plan or other benefit program.


More Definitions of Qualified Benefits

Qualified Benefits means one or more benefits plans offered by the Plan Administrator in the Cafeteria Plan for use in the Flexible Benefits Plan. For the Cafeteria Plan, the Plan Administrator shall only permit insurance premium expenses to be made by a participant on a pre-tax basis under those insurance plans which qualify for pre-tax contributions under Section 125 of the Internal Revenue Code and regulations promulgated thereunder. The Plan Administrator shall certify its selections and related periods of coverage, a record of which shall be permanently maintained as part of the written State Employees Benefits Plan documents.
Qualified Benefits means one or more of the Plans specified in Section II of the Summary Plan Description under Benefit Options.
Qualified Benefits means benefits which are generally not includable in a Participant’s gross income and which may be purchased under a cafeteria plan pursuant to Section 125(f) of the Code.
Qualified Benefits means one or more benefits plans offered by the Plan Administrator in the Cafeteria Plan for use in the Flexible Benefits Plan. For the Cafeteria Plan, the Plan Administrator shall only permit insurance premium expenses to be made by a participant on a pre-tax basis under those insurance plans which qualify for pre-tax contributions under Section 125 of the Internal Revenue Code and regulations promulgated thereunder. The Plan Administrator shall certify its selections and related periods of coverage, a record of which shall be permanently maintained as part of the written State Employees Benefits Plan documents.‌ 260:40-23-3. Requirements for participation ‌ Upon submission of an application for participation any eligible employee may participate in the insurance premium conversion option for qualified insurance plans, if:
Qualified Benefits means any benefit excluded from the Employee’s taxable income under Chapter 1 of the Code other than Sections 106 (b), 117,124, 127 or 132 and any other benefit permitted by the Income Tax Regulations (i.e. any premiums for Life Partners who are not otherwise tax qualified dependents). Long Term Care is not a “Qualified Benefit.”
Qualified Benefits means one or more of the following, as specified in Section III of the Summary Plan Description: (a) Transit Pass Benefits in connection with travel between the Participant’s residence and place of employment or (b) Qualified Parking Benefits.
Qualified Benefits means retirement and pension benefits, ancillary benefits and non- ancillary benefits