Can employees stop or change their health care or dependent care flexible spending accounts as a result of the furlough?
This question has two answers as follows: Flexible Spending Account for Health Care: Employees would not be allowed to modify health coverage based on the mandatory furlough. Under SB433, the furlough leave is to be considered a work day (or portion of a work day) for all purposes except salary. Therefore, it will not impact employee eligibility under PEBP. Flexible Spending Account for Dependent Care: Employees enrolled in the Dependent Care FSA would be allowed to reduce their Dependent Care election. The Qualifying Event would be that the employees need for Dependent Care during the furlough leave is no longer required.
Related Questions
- I enrolled in Dependent Care Spending Account but meant to enroll in Health Care Spending Account. Can I change accounts now?
- Can employees stop or change their health care or dependent care flexible spending accounts as a result of the furlough?
- When is Open Enrollment for Health Care and Dependent Care Flexible Spending Accounts (FSA’s)?
