Common use of Section 125 Cafeteria Plan Clause in Contracts

Section 125 Cafeteria Plan. The Board shall establish a flexible benefit plan intended to qualify as a "Cafeteria Plan" within the meaning of Section 125 (d) of the Internal Revenue Code of 1954, as amended to provide teachers with a choice of receiving certain taxable and tax-free benefits provided by the Board.

Appears in 5 contracts

Samples: Agreement, resources.finalsite.net, kckps.org

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Section 125 Cafeteria Plan. The Board shall establish a flexible benefit plan intended to qualify quality as a "Cafeteria Plan" within the meaning of Section 125 (d) of the Internal Revenue Code of 1954, as amended to provide teachers with a choice of receiving certain taxable and tax-free benefits provided by the Board.

Appears in 2 contracts

Samples: Agreement, Agreement

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