Section 125 Cafeteria plan definition

Section 125 Cafeteria plan means a flexible spending arrangement that qualifies under Section 125, Internal Revenue Code, which permits an employee to contribute pre-tax dollars to a health benefit plan.
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Section 125 Cafeteria plan means a flexible spending arrangement that qualifies
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Section 125 Cafeteria plan means a Benefit Plan intended to qualify as a cafeteria plan under Section 125 of the Code and that allows eligible employees to pay for certain benefits on a pre-tax basis.
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Examples of Section 125 Cafeteria plan in a sentence

  • If a Section 125 Cafeteria plan is established, the option to participate shall be available to all employees.

  • CES may elect to participate in a Section 125 Cafeteria plan approved by the Executive Committee.

  • CES may elect to participate in a Board approved Section 125 Cafeteria plan.

  • PLAN B: MESSA/Delta Dental Plan 3 routine cleanings 80/80/80: $2,000 - Class 1,2, & 3 80: Class 4 $3,000 Lifetime maximum Vision VSP-3Plus Negotiated Life $35,000 AD&D Long Term Disability - 90 Day Modified Fill (same as PLAN A) The difference between $245 per month and the premium for Plan B will be paid in cash or contributed to the Section 125 Cafeteria plan described in Section G.

  • The premium charges will be paid for as follows: City Employee Blue Cross Blue Shield HMO Blue New England 75% 25% Blue Cross Blue Shield – Blue Care Elect Plan 50% 50% Blue Cross Blue Shield Dental Plan 75% 25% Those bargaining unit employees enrolled in the health, dental and/or life insurance plans may also elect participation in the City’s Section 125 Cafeteria plan for the premiums of the health, dental and/or life insurance plans.

  • The District agrees to make an IRS Section 125 Cafeteria plan available so that in the event the cost of health and welfare insurance exceeds the District’s maximum contribution as set forth in paragraph 1 above, the unit member’s share of the cost to maintain health and welfare coverage can be deducted from his/her salary on a pre-tax basis.

  • Effective January 1, 2022, the County’s combined contribution toward dental and vison plans, utilizing the established Section 125 Cafeteria plan, shall be as follows: up to $48.00 for the employee only, up to $69.00 for employee plus one dependent and up to $113.00 for employee plus more than one dependent.

  • PLAN C: MESSA/Delta Dental Plan 3 routine cleanings 50/50/50: $2,000 - Class 1, 2, & 3 50: Class 4 $3,000 Lifetime maximum Negotiated Life $35,000 AD&D Long Term Disability - 90 Day Modified Fill (same as PLAN A) The difference between $245 per month and the premium for Plan C will be paid in cash or contributed to the Section 125 Cafeteria plan described in Section G.