Section 125 Plan. The Trustees shall continue the Section 125 plan to allow pretax treatment of the employee’s share of health and dental insurance premiums. The plan will be available as soon as practicable, but no later July 1, 1998. The plan will be amended to include a medical reimbursement account and a dependent care reimbursement account to be available for enrollment no earlier than July 1, 2003, but no later than December 31, 2003.
Section 125 Plan. The Employer participates in a special program under the provisions of IRS Section 125. Employees may voluntarily elect to participate in the reimbursement program to pay medical or dependent care expenses with pre-tax dollars. The Employer makes no contribution, makes no assurance of ongoing participation and assumes no liability for claims or benefits.
Section 125 Plan. The City of Petaluma has established and shall offer to eligible employees an Internal Revenue Code (IRC) Section 125 plan. The Section 125 plan is subject to federal law and plan provisions. The Section 125 Plan offered by the City provides employees with a tax savings through the following programs:
Section 125 Plan. Any elections made by the employee that result in an actual monthly premium cost in excess of the Board’s contribution shall be paid by the employee through a section 125 payroll deduction.
Section 125 Plan. A. The Board will administer a Cafeteria Plan under Section 125 of the Internal Revenue Code.
Section 125 Plan. The Employer will continue to administer the Section 125 Plan whereby the employees’ contributions to health care, vision, and prescription programs would be excluded from Federal and State taxes.
Section 125 Plan. The Board will offer to all teachers the opportunity to participate in a flexible spending arrangement (FSA) for health care premiums, dependent care assistance, and medical care reimbursement as specified in Section 125 of the Internal Revenue Code. The District will administer the plan and assume all costs incurred in its administration.
Section 125 Plan. The District shall maintain a Section 125 plan that complies with Internal Revenue Service regulations for the purpose of having pre-tax income deducted to pay for the teacher’s share of medical-insurance premium costs. A teacher xxx, at their discretion, also have pre-tax deductions made in accordance with the Section 125 plan for reimbursement of eligible medical and dependent-care expenses.
Section 125 Plan. The Hospital will provide a Section 125 plan that will allow 14 the pretax payment of insurance premiums, un-reimbursed medical 15 expenses, and dependent care. An election of the amount to be withheld 16 monthly must occur each year, and unused amounts revert to the Hospital at 17 the end of the calendar year.
Section 125 Plan. “Cafeteria Plan”)
