Common use of Section 125 Clause in Contracts

Section 125. a. The benefits provided to teachers by Section 125 of the Revenue Act of 1978 shall be made available to any teacher requesting. An amount not to exceed the maximum allowed by the IRS and the Section 125 Plan Administrator may be set aside by the employee for selection of benefits, under Section 125 of the Internal Revenue code, which are non-taxable benefits of major medical, long term disability, short term disability, non-reimbursed medical, and dependent care. The carrier shall be chosen after discussion with the Association. The Board shall pay all administration fees.

Section 125. a. The benefits provided to teachers by Section 125 of the Revenue Act of 1978 shall be made available to any teacher so requesting. An amount not to exceed the maximum allowed by the IRS and the Section 125 Plan Administrator 30% of salary may be set aside by the employee teacher for selection the section of benefits, under Section 125 of the Internal Revenue codeCode, which are non-taxable benefits of major medical, long term disability, short term disability, life, non-reimbursed medical, and dependent care. The carrier shall be chosen after discussion with the Association. The Board shall pay all administration feesthe fees associated with the implementation and maintenance of the Trust Account. The Association shall have input into the provider of Section 125 services. The final decision on the provider will be made by the Board.

Section 125. a. The benefits provided to teachers by Section 125 of the Revenue Act of 1978 shall be made available to any teacher requesting. An amount not to exceed the maximum allowed by the IRS and the Section 125 Plan Administrator may be set aside by the employee for selection of benefits, under Section 125 of the Internal Revenue code, which are non-taxable benefits of major medical, long term disability, short term disability, non-reimbursed medical, and dependent care. The carrier Thecarrier shall be chosen after discussion with the Association. The Board shall pay all administration fees.