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Announcements

Posted: Friday, October 21, 2016

Dependent Care Advantage Account Employer Contribution Now Available for 2017

Management/Confidential (M/C) employees or employees represented by the Civil Service Employees Association (CSEA), Public Employees Federation (PEF), United University Professions (UUP), Council 82, District Council 37 (DC-37), Graduate Student Employees Union (GSEU), or New York State Correctional Officers and Police Benevolent Association Inc. (NYSCOPBA) are now eligible for the employer contribution to the Dependent Care Advantage Account (DCAAccount) for the 2017 plan year. To take advantage of the employer contribution for the 2017 plan year, employees must enroll in the DCAAccount before the close of open enrollment, which ends at midnight on Monday, November 7.

Employees enrolling in the DCAAccount will not see their employer contribution displayed when enrolling. The employer contribution will be applied to employees’ elections and will be reported on their confirmation letter following open enrollment.

When enrolling, employees should enter the full amount they wish to have in their DCAAccount. The full amount includes any employee contribution and any employer contribution for which they may be eligible.

To enroll in the DCAAccount, submit your application for enrollment online at www.flexspend.ny.gov. If you do not have access to the Internet, you may apply by telephone at (800) 358-7202, option 1. If you are enrolled for the 2016 plan year, you must re-enroll to continue your benefits in 2017.

The November 7 deadline for 2017 enrollment will be strictly enforced. Please be sure to enroll by November 7.

2017 Plan Year Employer Contribution Rates:
If your salary is ... the employer contribution is ...
Under $30,000 ................................................$800
$30,001–$40,000 .............................................$700
$40,001–$50,000 .............................................$600
$50,001–$60,000 .............................................$500
$60,001–$70,000 .............................................$400
Over $70,000 ..................................................$300
GSEU Employees only (regardless of salary) ......$600

Submitted by: Linda L Kravitz
Also appeared:
Monday, October 24, 2016
Tuesday, October 25, 2016
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