Common use of Flexible Spending Program Clause in Contracts

Flexible Spending Program. Eligible members will be provided with $900 annually in a Flexible Spending Program (FSP). The Program provides additional health and wellness benefits. Total credits will be allocated amongst the Health Spending Account and the Personal Spending Account, in accordance with the term of the plans. Eligible members are those enrolled in the Family Extended Health Benefit Plan as per the FSP terms of reference. Remaining credits in either account can be carried forward to the next benefit year only.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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