Cafeteria plan definition

Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.
Cafeteria plan means a written benefit plan offered by an employer in which:
Cafeteria plan means a cafeteria plan under Code Section 125 sponsored by the Company.

Examples of Cafeteria plan in a sentence

  • The City’s contribution under the Section 125 Cafeteria plan for active employees shall be up to the same maximum that is provided to Police Lieutenants and Police Sergeants subject to the Monterey Park Police Officers’ Mid-Management Association Memorandum of Understanding, as it may change from time to time (currently one thousand four hundred and seventy-five dollars ($1,475 in 2023)) per month for employees electing to enroll in a medical plan in PEMHCA.


More Definitions of Cafeteria plan

Cafeteria plan means a "qualified" employee benefit program under IRC section 125, such as certain health and welfare plans.
Cafeteria plan means a plan defined and authorized by Section 125, Internal Revenue Code of 1986.
Cafeteria plan means the PEBP Section 125 Health and Welfare Benefits Plan, intended to meet the requirements of Code Section 125 and the regulations thereunder.
Cafeteria plan means a benefit plan established pursuant to 26 U.S.C. Section 125;
Cafeteria plan means a plan as defined and
Cafeteria plan means a benefit plan established pursuant
Cafeteria plan means a written plan as defined in 26 U.S.C. 125 under which all participants are eligible public employees and the participants are allowed to choose among two or more benefits consisting of cash and statutory nontaxable benefits;