Common use of Education Assistance Program Clause in Contracts

Education Assistance Program. The City will reimburse costs for education based upon IRS Regulation 1.162-5, as noted here: “Employer-paid education that is related to the employee’s current job is excluded from income as a working condition fringe benefit if the following conditions are met: 10.5.1. The courses must not be necessary to meet the minimum education requirements of the current position. 10.5.2. The courses are not taken to qualify the employee for a promotion or transfer to a different type of work. 10.5.3. The education must be related to the employee’s current position and must help maintain or improve the knowledge and skills required for that position (e.g., a refresher or update course). If the requirements change while the employee is working, employer-paid education designed to meet them is a working condition fringe benefit. 10.5.4. All education reimbursement must be pre-approved (before classes start) by the Department Head and the City Manager. For additional information and how to utilize this benefit, please refer to the City’s Education Assistance Program Policy.