3.2.6 Cafeteria Plan (Section 125 Plan)/Flexible Benefits

The University has a flexible benefits/cafeteria plan, which was established under provisions of Section 125 of the Internal Revenue Code.  The Cafeteria Plan allows staff members to pay certain insurance premiums, un-reimbursed medical expenses, and dependent care expenses before tax rather than after tax dollars.  Employees may choose to participate in the plan at the time of employment or at the annual enrollment, which is held prior to July each year.
Staff members who choose to participate in the Flexible Benefits/Cafeteria Plan must agree to remain in the plan for the plan year (July 1 through June 30).  The only exception to this rule involves having a major change in family status such as employment, marriage, divorce, death, or ineligible dependents.