Flex Elect Program Sample Clauses
The Flex/Elect Program clause establishes the terms under which employees can choose from a range of benefits or compensation options offered by their employer. Typically, this clause outlines the process for selecting benefits such as health insurance, retirement contributions, or additional paid time off, and may specify deadlines, eligibility, and any limitations on changes to selections. Its core practical function is to provide flexibility and customization in employee benefits, ensuring that individuals can tailor their compensation package to best suit their personal needs and circumstances.
Flex Elect Program. A. The State agrees to provide a flexible benefits program (FlexElect) under Internal Revenue Code section 125 and related sections 105(b), 129, and 213(d). All participants in the Flex/Elect Program shall be subject to all applicable Federal statutes and related administrative provisions adopted by the CalHR. All eligible employees must have a permanent appointment with a time base of half time or more and have permanent status, or if limited-term or temporary authorization (TAU) position, must have mandatory return rights to a permanent position.
B. Employees, who meet the eligibility criteria stated in subsection A above, will also be eligible to enroll in a Medical Reimbursement and/or Dependent Care Reimbursement account under the Flex/Elect Program.
C. The State shall continue its current practice on a cash option in the Flex/Elect Program.
D. PI employees are eligible to participate in the Flex/Elect Program as described in article 18 of this Contract.
Flex Elect Program. A. The State agrees to provide a flexible benefits program (Flex Elect) under Internal Revenue Code Section 125 and related Sections 105(b), 129, and 213(d). All participants in the Flex Elect Program shall be subject to all applicable Federal statues and related administrative provisions adopted by DPA. All eligible employees must have a permanent appointment with a time base of half time or more and have permanent status, or if limited-term or temporary authorized (TAU) position, must have mandatory return rights to a permanent position.
B. Employees who meet the eligibility criteria stated in subsection E.1. above, will also be eligible to enroll in a Medical Reimbursement and/or Dependent Care Reimbursement account under the Flex Elect Program. The State agrees to provide a Flexible Benefits Program under Section 125 and related Sections 129, 213(d), and 105(b) of the Internal Revenue Code. All participants in the Flex Elect Program shall be subject to all applicable Federal Statute and related administrative provisions adopted by the Department of Personnel Administration (DPA). All eligible employees must work one-half time or more and have permanent status or if a limited- term or TAU appointment, must have mandatory return rights to a permanent position. Permanent intermittent employees are eligible to participate in the Flex Elect Program as described in Article 18 of this Contract.
Flex Elect Program. A. The State agrees to provide a flexible benefits program (FlexElect) under Internal Revenue Code section 125 and related sections 105(b), 129, and 213(d). All participants in the Flex/Elect Program shall be subject to all applicable Federal statutes and related administrative provisions adopted by the CalHR. All eligible employees must have a permanent appointment with a time base of half time or more and have permanent status, or if limited-term or temporary authorization (TAU) position, must have mandatory return rights to a permanent position.
B. Employees, who meet the eligibility criteria stated in subsection A above, will also be eligible to enroll in a Medical Reimbursement and/or Dependent Care Reimbursement account under the Flex/Elect Program.
Flex Elect Program