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Today's Message

Posted: Monday, September 21, 2009

NYS Flex Spending Account 2010 Open Enrollment

Open enrollment for the 2010 NYS Flex Spending Account is Monday, September 21, through Monday, November 16, 2009. The program offers two benefits:
The Health Care Spending Account (HCSAccount) allows employees to set aside from $100 to $4,000 annually in pretax salary to pay for health care expenses not reimbursed by insurance.
The Dependent Care Advantage Account (DCAAccount) allows employees to set aside up to $5,000 annually for child care, elder care, or other dependent care expenses on a pre-tax basis. There is an employer contribution, which provides up to $800 for employees in eligible negotiating units who enroll in the DCAAccount. The employer contribution is based on salary and is available to state employees who are M/C or represented by CSEA, PEF, UUP or NYSCOPBA. Pending conclusion of negotiations and ratified contracts, the employer contribution may also be available to state employees in other negotiating units.
Participants currently enrolled in the HCSAccount or DCAAccount must re-enroll to continue benefits in 2010.
Apply online at www.flexspend.state.ny.us or call the Flex Spending Account hotline at (800) 358-7202.
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