Are there any “benefits” that an employer is not allowed to take credit for when calculating supplemental benefit cost and contributions?
Yes. The following are some items which do not qualify as a supplemental benefit for the purposes of complying with the Article 8: Travel expenses such as meals and lodging Use of company vehicle or gas, toll and vehicle reimbursements Meal allowances Reimbursement for tools or company provided equipment Uniforms or uniform cleaning If you have a question on whether or not an item you provide would qualify for credit towards your supplemental benefit requirement, please contact the Bureau of Public Work.
Related Questions
- Does an employer receive credit for contributions to plans that have waiting periods to qualify for health insurance benefits or pension plans with extended vesting schedules?
- How often must an employer make contributions to a bona fide plan in order for it to be considered a Bona Fide Economic Benefit?
- How will the senior management supplemental benefit program contributions be impacted by the Plan?
