Common use of IRC 125 Clause in Contracts

IRC 125. The District shall implement an IRC (Internal 17 Revenue Code) 125 payroll deduction plan. The District agrees to solicit CSEA's 18 input in identifying a third party administrator for such a plan. The District reserves 20 administration fee associated with the payroll deduction plan shall be the sole 21 responsibility of the unit member utilizing the plan.

IRC 125. The District shall implement an IRC (Internal 17 13 Revenue Code) 125 payroll deduction plan. The District agrees to solicit CSEA's 18 14 input in identifying a third party administrator for such a plan. The District reserves 20 15 the right, however, to select the administrator and to define the plan options. Any 16 administration fee associated with the payroll deduction plan shall be the sole 21 17 responsibility of the unit member utilizing the plan.

IRC 125. The District shall implement an IRC (Internal 17 15 Revenue Code) 125 payroll deduction plan. The District agrees to solicit CSEA's 18 16 input in identifying a third party administrator for such a plan. The District reserves 20 17 the right, however, to select the administrator and to define the plan options. Any 18 administration fee associated with the payroll deduction plan shall be the sole 21 19 responsibility of the unit member utilizing the plan.