Common use of Salary Reduction Plan Clause in Contracts

Salary Reduction Plan. 8.9.1 Payroll deductions for a health insurance plan may be paid from an employee's earnings on which there will be no federal income tax withholding. Reports of earnings to MERF/▇▇▇▇ and pension deductions will be based on gross earnings. 8.9.2 An employee may designate an amount per year, from earnings on which there will be no federal income tax withholding, for dependent care assistance (as defined in Section 29 of the Internal Revenue Code as amended from time to time) to allow the employee to work. Any unused balance shall not be refunded.

Salary Reduction Plan. 8.9.1 Payroll deductions for a health insurance plan may be paid from an employee's earnings on which there will be no federal income tax withholding. Reports of earnings to MERF/▇▇▇▇ MERF/PERA and pension deductions will be based on gross earnings. 8.9.2 An employee may designate an amount per year, from earnings on which there will be no federal income tax withholding, for dependent care assistance (as defined in Section 29 of the Internal Revenue Code as amended from time to time) to allow the employee to work. Any unused balance shall not be refunded.

Salary Reduction Plan. (Effective May 1, 1987) 8.9.1 Payroll deductions for a health insurance plan may be paid from an employee's earnings on which there will be no federal income tax withholding. Reports of earnings to MERF/▇▇▇▇ MERF/PERA and pension deductions will be based on gross earnings. 8.9.2 An employee may designate an amount per year, from earnings on which there will be no federal income tax withholding, for dependent care assistance (as defined in Section 29 of the Internal Revenue Code as amended from time to time) to allow the employee to work. Any unused balance shall not be refunded.