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E. The District will establish an account in each employee's name of $150 to be used by the employee or his family on a reimbursable basis for expenses paid by the employee for vision care services. Receipts must be submitted to the Human Resource office before any reimbursement is made. F Orthodontics Loan Program - The District will provide interest-free loans to employees for orthodontic benefits. The amount of each loan will be $1,000. The employee will be required to sign a contract and deductions will be made each pay period for two (2) years or 52 pay periods. The District will establish a loan pool of $30,000. Loans will be granted on a first come, first serve basis until the $30,000 is exhausted. The District will provide employees with a loan contract and employees will be required to provide proof of orthodontic services. G. Cafeteria Plan (IRC125) - The District will continue to pmyide establish and administer a Cafeteria Plan for all full-time employees. The plan will be effective January 9, 9998. Prior to implementing, employees will be educated as to the features of the plan. Existing MOU A. The District shall contract with the California State Public Employees Retirement System (PERS) for the purpose of providing eligible employees with retirement benefits and shall pay the employer's portion of the contribution for the employees' retirement program. In addition, the District will withhold and deposit to each full time employee's retirement fund account seven (7%) percent of his/her regular salary and special earnings for performing normally required duties excluding service payments made under Section 17.F. of this agreement. Under the provisions of Section 414(h)(2) of the Internal Revenue Code, the amount of such mandatory contributions will be considered tax deferred compensation. B. The District shall pay each eligible employee's seven (7%) percent PERS contribution on service payments made under Section 17.F of this agreement. C. Effective .July 1, 1991, length -of -service retirees shall receive a benefit of $34.00 per month augmented by $5.00 per year for each year of completed service plus $2.00 per year for each year in retired status. 4