Payroll Deduction Programs. The Company agrees to establish, in conjunction with the Association, a system of payroll deductions necessary to cover the costs of any additional group insurance plan coverage or health and welfare benefit plans established by the Association. These plans may include additional Flexible Spending Accounts (FSA) and a Voluntary Employee Benefit Association (VEBA), established by the Association. All such FSAs or VEBAs shall be in full compliance with all applicable IRS requirements and be subject to review and approval by the Company. 1. Company and Association representatives shall meet and agree on the forms and procedures which crewmembers shall utilize to provide the necessary authorization to make payroll deductions and information to implement such program(s). 2. The Association will designate whether the withheld amount(s) shall be remitted to the Association or to program provider(s). 3. Prior to the implementation of any payroll deduction, existing crewmembers shall complete the necessary forms and authorization. New crewmembers will be allowed to elect participation in the various Association programs as early as during the Company’s initial orientation training. Thereafter, crewmembers will be allowed to adjust their deductions in accordance with the schedule provided by the Company payroll department and coordinated with bi-weekly payroll dates. 4. In order for the Company to be required to establish a payroll deduction program, at least ninety-five (95) crewmembers must have completed the necessary agreed-to-forms to participate in each of the designated programs. As of the date of the ratification of this Agreement, current payroll deductions include those for the Mutual Aid Plan for UPS Pilots, the IPA Group Life Plan, the IPA LTD Plan, and the IPA Foundation. Furthermore, the Association agrees to establish no more than five (5) programs in addition to those above for which the Company will be required to establish payroll deductions. However, the limitations in this paragraph shall not apply to the program the Association may establish in Section F of this Article. 5. As a part of the new health care program contained in A.1., the Company agrees to establish, maintain, and administer a Flexible Spending Account (FSA) for Child/Elder Care (CECSA) and for Health Care (HCSA) for all eligible crewmembers. This FSA for child care will replace, upon implementation, the current Association established FSA. The CECSA and HCSA will be implemented at the same time as the new health care package.
Appears in 1 contract
Sources: Labor Agreement
Payroll Deduction Programs. The Company agrees to establish, in conjunction with maintain the Association, a system of payroll deductions necessary to cover the costs of any additional the group insurance plan coverage or health and welfare benefit plans established by the Association. These plans may include additional Flexible Spending Accounts (FSA) and a Voluntary Employee Benefit Association (VEBA), established by the Association. All such FSAs or VEBAs shall be in full compliance with all applicable IRS requirements and be subject to review and approval by the Company.
1. Company and Association representatives shall meet and agree on the forms and procedures which crewmembers shall utilize to provide the necessary authorization to make payroll deductions and information to implement such program(s).
2. The Association will designate whether the withheld amount(s) shall be remitted to the Association or to program provider(s).
3. Prior to the implementation of any payroll deduction, existing crewmembers shall complete the necessary forms and authorization. New crewmembers will be allowed to elect participation in the various Association programs as early as during the Company’s initial orientation training. Thereafter, crewmembers will be allowed to adjust their deductions in accordance with the schedule provided by the Company payroll department and coordinated with bi-weekly payroll dates.
4. In order for the Company to be required to establish a payroll deduction program, at least ninety-five (95) crewmembers must have completed the necessary agreed-to-forms to participate in each of the designated programs. As of the date of the ratification of this Agreement, current payroll deductions include those for the Mutual Aid Plan for UPS Pilots, the IPA Group Life Plan, the IPA LTD Plan, and the IPA Foundation. Furthermore, the Association agrees to establish no more than five (5) programs in addition to those above for which the Company will be required to establish payroll deductions. However, the limitations in this paragraph shall not apply to the program the Association may establish in Section F C of this Article.
5. As a part of the new health care program contained in A.1., the Company agrees to establish, maintain, and administer a Flexible Spending Account (FSA) for Child/Elder Care (CECSA) and for Health Care (HCSA) for all eligible crewmembers. This FSA for child care will replace, upon implementation, the current Association established FSA. The CECSA and HCSA will be implemented at the same time as the new health care package.package.
Appears in 1 contract
Sources: Association Membership Agreement