Flexible Benefit Spending Program Clause Samples
Flexible Benefit Spending Program. Dependent Care Advantage Account Program The State and PEF shall continue to fund the administration of the Flexible Benefit Spending Program, Dependent Care Advantage Account (DCAA). This program will provide employees with the opportunity to increase their net income by paying for all or part of selected benefits such as child care, elder care, and dependent care with pre-tax dollars.
Flexible Benefit Spending Program. 27.1 The Flexible Benefit Spending Program established to provide employees with an opportunity to increase the employee’s spendable income by paying for all or part of health insurance premiums, selected benefits such as child care, elder care and dependent care with pre-tax dollars shall continue.
27.2 The State shall secure whatever legislation is necessary to implement such programs.
Flexible Benefit Spending Program. 28.1 The Flexible Benefit Spending Program was established to provide employees with an opportunity to increase their spendable income by paying for all or part of health insurance premiums, selected benefits such as child care, elder care and dependent care with pre-tax dollars shall continue.
28.2 The State shall secure whatever legislation is necessary to implement such program.
Flexible Benefit Spending Program. Dependent Care Advantage Account The Dependent Care Advantage Account (DCAA) shall be available during the annual open enrollment period to employees who receive regular, biweekly paychecks from the Office of the State Comptroller. The State shall provide a contribution of $600 per eligible DCAA enrollee subject to appropriations in Article 29.3 and IRS Rules and Regulations. In subsequent years, the employer contribution may be increased or reduced so as to fully expend available funds for this purpose. In no event shall the aggregate employer contribution exceed the amounts provided for this purpose.