Section 125 Flexible Spending Plan
Enrollment for January 1, 2014 - December 31, 2014 plan participation is now open!
November 2013 is open enrollment month for Sect 125 plan participation, effective date of January 1st 2014.
The Sect 125 enrollment window runs simultaneously with the health insurance open enrollment window, for health plan enrollment changes effective January 1st.
Employees may receive a monthly, District-paid contribution to their Section 125 Healthcare Reimbursement Account if enrolled in healthcare coverage costing less than the "Base Plan." Employees may also voluntarily elect to participate in the Section 125 Reimbursement plan by enrolling to have pre-tax contributions from their own paycheck contributed to their Healthcare or Dependent Day Care Reimbursement Account.
PayFlex is the District's administrator of the Sect 125 plan. The below links provide detailed information about the benefits of enrolling in the plan and how it works:
- Sect 125 FAQ's
- Quick Overview of a Section 125 Plan
- Health Care Account
- Dependent Day Care Account
- Orthodontia Reimbursements
- Year End Claims Processing: 90 Day Run Out Period
- On-line Account Access
Also see below District information necessary for plan enrollment:
Shared Savings Calculation (Base Plan vs. Option Plan Calculation)
(District contribution amounts per each medical plan)
Employee Pay Check Cycle
(When contributions are applied during the plan year)