Announcing Change in Flexible Spending & Pre-Tax Transportation Administration and Fringe Rates

 

Attention all RCUH Flexible Spending Account Participants:

Effective January 1, 2011, the RCUH Flexible Spending Accounts will be administered by Total Administrative Services Corporation (TASC), a Third-Party Administrator (TPA). We will be emailing a notice to all employees who are currently enrolled in either the Flexible Spending Medical Reimbursement Account and/or the Dependent Care Account to provide additional information about the claims processing procedures and administration.  Please note that your“BENNY” debit card will be deactivated on December 20, 2010 and will be replaced with a “TASC” debit card effective January 1, 2011.

 

 

Attention all RCUH Principal Investigators:

With the change in the Flexible Spending Account administration, there will be a decrease in our Flexible Spending Account fringe benefit rate.  The monthly Administrative fee will decrease from $4.00 to $3.50 per month and there will no longer be a fee of $2.00 per debit card effective January 1, 2011.  Additionally, the Administrative fee of $3.50 per month will apply to Pre-Tax Transportation Qualified Parking Accounts effective January 1, 2011. 

 

The RCUH Policy 3.510 RCUH Fringe Benefits Schedule has been updated with the above changes.