To explain the establishment of a new pre tax deduction Health Care Spending. The minimum annual amount is $150 and the maximum annual limit is $3,000. This program allows for employees to set aside pre tax dollars to pay for health care related expenses not reimbursed by health insurance.
Employees in Bargaining Units other than NU 07, 17 and 28.
Administration checks dated January 17, 2001 and Institution checks dated January 25, 2001.
OSC Automatic Processing
OSC will process a file from Fringe Benefits Management Company to start the deductions.
Notify eligible employees
Questions may be directed to the Flex Spending Account Hotline at 1-800-358-7202.