2-20-105. Repealed
2-20-105. Repealed. Sec. 4, Ch. 130, L. 2007. History: En. Sec. 5, Ch. 365, L. 1999.
2-20-106. Repealed
2-20-106. Repealed. Sec. 4, Ch. 130, L. 2007. History: En. Sec. 6, Ch. 365, L. 1999.
2-20-107. Repealed
2-20-107. Repealed. Sec. 4, Ch. 130, L. 2007. History: En. Sec. 7, Ch. 365, L. 1999.
2-18-1311. Contributions of unused sick and vacation leave — other contributions not prohibited
2-18-1311. Contributions of unused sick and vacation leave — other contributions not prohibited. (1) When the member’s employment is terminated, the member’s unused sick leave balance may be converted to a tax-free employer contribution to the participant account pursuant to this section. (2) The amount of the employer contribution to a participant’s account for hours converted under this […]
2-18-1312. Tax exemption
2-18-1312. (Temporary) Tax exemption. Employer contributions into an account, the accumulation of interest or other earnings in an account, and payments from an account for qualified health care expenses are tax-exempt, as provided in 15-30-2110 and under applicable federal laws and regulations to the extent that the plan is qualified under applicable sections of the Internal […]
2-18-1301. Short title
2-18-1301. Short title. This part may be cited as the “Voluntary Employees’ Beneficiary Association Act”. History: En. Sec. 1, Ch. 272, L. 2001.
2-18-1302. Purpose and intent
2-18-1302. Purpose and intent. The legislature finds that escalating health care expenses, particularly the increasing cost of medical treatment and health insurance, constitute a substantial financial burden during and after an employee’s working career. The purpose of this part is to provide a means by which public employers may contribute to a plan established under a […]
2-18-1303. Definitions
2-18-1303. Definitions. As used in this part, unless the context requires otherwise, the following definitions apply: (1) ”Common association” means an association of employees established pursuant to 2-18-1310 for the purposes of employer and employee participation in the plan. (2) ”Contracting employer” means an employer who, pursuant to 2-18-1310, has contracted with the department to participate in the […]
2-18-1304. Statewide employee welfare benefit plan established — health care expense trust accounts — investment of funds — account access — administrative expenses
2-18-1304. Statewide employee welfare benefit plan established — health care expense trust accounts — investment of funds — account access — administrative expenses. (1) The department shall establish, through contracted services, a plan under a tax-exempt entity that qualifies as a voluntary employees’ beneficiary association trust pursuant to section 501(c)(9) of the Internal Revenue Code, 26 […]
2-18-1305. Rulemaking authority
2-18-1305. Rulemaking authority. The department shall adopt rules to implement the provisions of this part. The rules must be designed to allow the plan to conform to federal law. History: En. Sec. 5, Ch. 272, L. 2001.