Flexible Spending Section 125 Plan Sample Clauses
Flexible Spending Section 125 Plan. A health insurance program shall be available to each Association member. This insurance program will be mutually selected and agreed upon by the insurance committee with Board approval. Association member shall be allowed to authorize payroll deduction before September 1st. After such time, Association member shall be limited to two (2) authorization changes per program per school year. Change shall be defined as the enrollment or any change in the amount of money deducted at any time during the school year; however, once an Association member cancels a deduction, he/she shall not be allowed to reenroll in the program for the remainder of the school year. With the exception of catastrophic situations, changes in insurance status must be indicated to the district office prior to the current insurance company’s annual policy renewal date.
Flexible Spending Section 125 Plan. Bargaining unit members may continue to participate in the City’s Benefits Salary Reduction plan, in which they may pay their share of insurance premiums, other reimbursable out‐of‐ pocket medical costs, as well as eligible dependent care expenses with pre‐tax dollars to the extent allowable by law.
Flexible Spending Section 125 Plan. All unit members shall be provided the opportunity to participate in the District sponsored Flexible Spending Plan. Unit members shall be eligible for payroll deduction for health premiums, out of pocket medical expenses and dependent care up to limits allowed by law.