Flex Plan definition

Flex Plan shall have the meaning set forth in Section 8.2(d).
Sample 1
Flex Plan means the Flexible Benefits Program of the Bank as in effect from time to time.
Sample 1Sample 2
Flex Plan means the Lutheran Church – Canada Flexible Benefits Plan.
Sample 1

Examples of Flex Plan in a sentence

  • Amounts included in the Flex Plan would not be subject to federal, state or social security taxes.

  • District offers employees participation in its Flex Plan for health care premiums, health care expenses, and dependent care expenses.

  • Adjunct faculty may participate in the Flex Plan for medical premiums payments only.

  • Amounts included in the Flex Plan will not be subject to federal, state, or social security taxes.

  • The District shall continue to offer faculty participation in its Flex Plan for health care premiums, health care expenses, and dependent care expenses.

  • It is understood that the District has made no representation regarding tax or other consequences of the Flex Plan with regard to any particular faculty member or group of faculty and that any questions by any faculty should be directed to his or her personal financial, legal, or tax advisor.

  • It is understood that the District has made no representation regarding tax or other consequences of the Flex Plan with regard to any particular employee or group of employees and that any questions by any employee should be directed to his or her personal financial, legal, or tax advisor.

  • Care Coordinated by Your Primary Care Provider and permitted Self-Referrals Flex Plan (*) Preauthorization may be required for this service or for certain services in the benefit category.

  • Voluntary benefits 31 included in the Flex Plan may be purchased pre-tax through payroll deduction or with Flex Credits.

  • The District offers unit members participation in its Flex Plan for health care premiums, health care expenses, and dependent care expenses.


More Definitions of Flex Plan

Flex Plan is a plan that is inclusive of a RRSP or Pension and an HSA and is compliant to CRA regulations.
Sample 1
Flex Plan. The "Flex Plan" shall be incorporated into the Agreement. Health insurance contributions shall apply within the Flex Plan. At the written request of the teacher, the school district will deduct from payroll the premium for the catastrophic medical insurance (Excess Major Medical) plan. The full cost of the premium to be borne by the teacher.
Sample 1
Flex Plan. The City shall continue to offer a Flexible Spending Plan for the purpose of allowing employees the opportunity to pay for eligible out-of-pocket health care expenses, including any costs pursuant to the health insurance deductible, on a tax-free basis.
Sample 1
Flex Plan. For those in the HSA, the School District will provide a limited purpose FSA as described below in Subdivision 6. The HSA Plan year will begin and end on the same dates as the HDHP offered in Subdivision 4 of this Section. The HDHP shall be available to all qualified Exclusive Representative who elect to participate in said plan. With respect to qualifying Exclusive Representative, the School District shall contribute an amount not to exceed $10,200 towards the premium cost for year 1 and an amount not to exceed $10,700 towards the premium cost for year 2. Deductibles and out-of-pocket maximums under the HDHP are indexed for inflation, and will increase on an annual basis dependent upon the results of bids received under the Health DocuSign Envelope ID: 4C261AF0-21FB-4CC3-98AF-288330BCB596 Insurance Transparency Act (HITA).
Sample 1
Flex Plan shall have the meaning set forth in Section 5.1(g).
Sample 1

Related to Flex Plan

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • 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.

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Seller Plan means any Employee Benefit Plan maintained, or contributed to, by the Seller or any ERISA Affiliate.

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • HSA or “Health Savings Account” means a health savings account, as defined in Code Section 223(d).

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Retiree Welfare Plan means, at any time, a Welfare Plan that provides for continuing coverage or benefits for any participant or any beneficiary of a participant after such participant's termination of employment, other than continuation coverage provided pursuant to Section 4980B of the IRC and at the sole expense of the participant or the beneficiary of the participant.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Old Plans has the meaning set forth in Section 6.8(b).