Common use of American Fidelity Flexible Section 125 “Cafeteria Plan” Clause in Contracts

American Fidelity Flexible Section 125 “Cafeteria Plan”. Each regular full-time employee will be offered the Section 125 ‘Cafeteria Plan’ to enhance the fringe benefit package. Under a Section 125 plan, pre-tax dollars are used to purchase benefits. Cov- erage that is considered under the Section 125 qualified benefits will be clearly defined by the Inter- nal Revenue Code.

Appears in 4 contracts

Samples: Negotiations Agreement, Negotiations Agreement, Negotiations Agreement

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American Fidelity Flexible Section 125 “Cafeteria Plan”. Each regular full-time employee will be offered the Section 125 ‘Cafeteria Plan’ to enhance the fringe benefit package. Under a Section 125 plan, pre-tax dollars are used to purchase benefits. Cov- erage that is considered under the Section 125 qualified benefits will be clearly defined by the Inter- nal Revenue Code.

Appears in 1 contract

Samples: Negotiations Agreement

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