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- Benefits available to the Participant under the Dependent Care Assistance Plan;
- A contribution to a Health Savings Account, available to Participant under the terms of Paragraph 4.11, below.
- Payment of insurance premium for vision care or other health insurance sponsored by the company, including Continuance Coverage.
- Payment of health insurance premiums for any other health insurance coverage sponsored by the company and offered to Participant. This includes the ability to pay the portion of any premium which is not paid by Company.
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7.3. Governing Law. This Plan shall be construed, administered, and enforced according to the laws of Florida.
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This amendment is in response to the COVID-19 pandemic, and subsequent IRS issued Notice 2020-29 and Notice 2020-33, providing relief and guidance to employers sponsoring Section 125 dependent care assistance programs. This amendment will be effective beginning on 06/15/20 payroll and subsequent paychecks through the remainder of 2020. |
ARTICLE X – Miscellaneous
Under this relief, Reliant has decided to amend its Section 125 Plan to allow employees who are eligible to make salary reduction contributions under the Plan to make the following prospective election changes during the 2020 calendar year:
- Employees may make a new election
- Employees may decrease or increase an existing election
IN WITNESS WHEREOF, The Company has caused this Revised Plan to be executed in its name and behalf this 8th day of NOVEMBER 2019, by its officer thereunto duly authorized.
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