Cafeteria Plan. The employer shall formally adopt a qualified plan document which complies with section 125 of the Internal Revenue Code that includes the following: 1. Cash Option Plan 2. Health Savings Account 3. Dependent Care Reimbursement 4. Tax Deferred Annuity
Appears in 4 contracts
Sources: Master Agreement, Master Agreement, Master Agreement
Cafeteria Plan. The employer shall formally adopt a qualified plan document which complies with section 125 of the Internal Revenue Code that includes the following:
1. a. Cash Option Plan
2. Health Savings b. Medical Spending Account
3. c. Dependent Care Reimbursement
4. d. Tax Deferred AnnuityAnnuity A bargaining unit member electing any of the above shall enter into a salary reduction agreement. Unexpended funds shall annually be contributed to the HEA Scholarship Fund.
Appears in 3 contracts
Sources: Master Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement