40.85 Employee-funded reimbursement account plan. (1) The board shall select and contract with employee-funded reimbursement account plan providers to be used by state agencies. (2) The board shall do all of the following: (a) Determine the requirements for and the qualifications of the employee-funded reimbursement account plan providers. (b) Approve the terms and conditions of […]
40.86 Covered expenses. An employee-funded reimbursement account plan may provide reimbursement to an employee for only the following expenses that are actually incurred and paid by an employee and that the board determines are consistent with the applicable requirements of the Internal Revenue Code: (1) Expenses authorized under section 125 of the Internal Revenue Code, […]
40.87 Treatment of compensation. Any part of gross compensation that an employer places in a reimbursement account under an employee-funded reimbursement account plan established under this subchapter which would have been treated as current earnings or wages if paid immediately to the employee shall be treated as current earnings or wages for purposes of any […]
40.875 Administrative and contract costs. (1) The department shall do all of the following: (a) Beginning on January 1, 1990, collect, from each state agency with employees eligible to participate in an employee-funded reimbursement account plan, a fee in an amount determined by the department to equal that state agency’s share of all of the […]
