Dependent Care Reimbursement. 17.7 All bargaining unit employees shall be entitled to participate in the CSU Dependent Care Reimbursement Program. The terms of this program shall be determined by the CSU in accordance with IRS regulations. All administrative costs for participation shall be paid by participating employees. Enhanced 1959 Survivors Benefit
Dependent Care Reimbursement. This program permits employees to pay for most child and or dependent care expenses with pre-tax dollars.
Dependent Care Reimbursement. The City shall provide a summary of IRS rules on flexible spending limits during each open enrollment to both the employees and the Union.
Dependent Care Reimbursement. Employees covered under the benefits of the Trust Fund are eligible for the “dependent reimbursement” established by the Trustees by making application to the Trust Fund.
Dependent Care Reimbursement. Any unexpended money committed by the election of the teacher for any of the salary reduction benefits that may remain at the end of the plan year shall revert to the Board of Education.
Dependent Care Reimbursement. 6. Supplemental Coverages (cancer, life, salary protection insurance, etc.) Any money committed by the employee in flexible spending reimbursement accounts and unexpended at the end of the contract year shall revert to the Board. A teacher may receive special enrollment options to change the benefits selected only if his or her status has changed. A special enrollment change in status occurs upon: Marriage Divorce Death of a spouse or a child Birth or adoption of a child Termination or commencement of employment of a spouse Participant or spouse changing from full-time to part-time or from part-time to full-time employment Participant or spouse taking an unpaid leave of absence from present employment The teacher shall supply written verification to the district business office of such change and must make any change in the benefit selection within thirty calendar days of the date such change in family status occurred. A teacher desiring to make such change may discontinue participation or reduce benefits, but an election of new or increased benefits shall be subject to the requirements of the particular non-taxable benefit selected.
Dependent Care Reimbursement. Under the “Dependent Care Reimbursement Plan”, the employee benefits from the payment with “before tax” dollars of childcare, nursing home or other dependent care expenses. The employee designates the amount of dollars intended to be used at the beginning of the year. The school district forwards these dollars to the employee’s account with the Section 125 Plan Provider on a monthly basis. The employee turns in receipts monthly to the Section 125 Plan Provider and receives reimbursement. The maximum dependent care expense allowed is the maximum amount allowed by the Internal Revenue Service annually (in the case of a married person or individual filing a separate return, the amount allowed is half of the maximum).
Dependent Care Reimbursement. 18.2 Elections for the calendar year will be made each December, or if a change in family status occurs. Money deposited into the Plan will be forfeited as required by the plan and or applicable law.
Dependent Care Reimbursement. (Applies when working abnormal hours or away from the office) When an employee attends a course or is travelling out of town on official business or is required to work abnormal hours and the situation is such that they cannot make alternative arrangements for the care of their dependants without incurring an extra personal cost, upon receipt actual and reasonable expenses may be reimbursed.
Dependent Care Reimbursement. Maximum annual contribution is $5,000 ($2,500 if you are married and filing a separate income tax return) Dependent care must be necessary so that you, and if you are married, your spouse can work or look for work Eligible expenses for reimbursement include child care centers that care for six or more children and that meet the IRS definition of a qualified day care center, caregivers for a disabled spouse or dependent who lives with you, babysitters, nursery schools, household expenses provided that a portion of these expenses are incurred to ensure a dependent’s well-being and protection Eligibility/Contribution Permanent full-time faculty members and temporary full-time faculty members who are employed for one academic year and their dependents Permanent part-time faculty members and temporary part-time faculty members who are employed for one academic year and their dependents, if faculty member works at least 50% time 100% employee-paid Premium Conversion Plan Allows employees to pay health care contributions on pre-tax basis, resulting in higher take-home pay. Post-tax contributions will be taken in certain circumstances as required by IRS guidelines Eligibility/Contribution All employees enrolled in a health care plan and contributing toward the cost of that plan Group Life Insurance
