TITLE 34.PUBLIC FINANCE

Part 4. EMPLOYEES RETIREMENT SYSTEM OF TEXAS

Chapter 73. BENEFITS

34 TAC §73.21, §73.27

The Employees Retirement System of Texas (ERS) proposes amendments to Title 34, Chapter 73, Texas Administrative Code; §73.21 concerning reduction factors for age and retirement option, which include the reduction tables (Figure: 34 TAC §73.21(e)) and new §73.27 concerning payment of the retiree lump-sum death benefit. Section 73.21 is amended to comply with and conform to Senate Bill 1176, 79th Legislature, Regular Session, as it relates to changes under Texas Government Code, §814.206. New §73.27 is needed to comply with and conform to House Bill 70, 79th Legislature, Regular Session (HB 70), as it relates to changes under Texas Government Code, §814.501.

Section 73.21 is amended to add subsection (e) providing reduction factors for a standard nonoccupational disability retirement annuity for a member who retires before reaching an applicable age provided by Texas Government Code, §814.102 or §814.104.

New §73.27 is added to provide for the payment of the retiree lump-sum death benefit not later than the seventh day after ERS' receipt of a properly submitted claim form, death certificate, and other information that may be required to establish beneficiary status or heirship for the uncontested payment of a retiree lump-sum death benefit.

Paula A. Jones, General Counsel, has determined that for the first five-year period these rules are in effect, there will be no fiscal implications for state or local government as a result of enforcing or administering these rule, and small businesses and individuals will not be affected.

Ms. Jones also determined that for each year of the first five years these rules are in effect, the public benefit anticipated as a result of enforcing the rules will be clarification of the standard nonoccupational disability retirement benefit payable to members in a manner required by recent legislation, and a specified time frame for the payment of uncontested retiree lump-sum death benefits.

There are no known anticipated economic costs to persons who are required to comply with the rules as proposed other than the statutorily required annuity reduction that may apply to certain nonoccupational disability retirees.

Comments on the proposed rule amendments may be submitted to Paula A. Jones, General Counsel, Employees Retirement System of Texas, P.O. Box 13207, Austin, Texas 78711-3207, or e-mail Ms. Jones at pjones@ers.state.tx.us. The deadline for receiving comments is Monday, August 1, 2005 at 10:00 a.m.

The amendment to §73.21 is proposed under the following Texas Government Code provisions: §814.206(f), which provides authorization for the board of trustees (board) to adopt actuarial tables governing a standard nonoccupational disability, §815.105, which provides authorization for the board to adopt tables the board considers necessary for the retirement system and §815.102(a)(2), which provides authorization for the board to adopt rules for the administration of the funds of the retirement system.

New §73.27 is proposed under Texas Government Code, §814.501(a), as specified in HB 70, which provides authorization for the board to adopt a rule governing the procedures for the payment of the retiree lump-sum death benefit, and Texas Government Code §815.102(a)(2), which provides authorization for the board to adopt rules for the administration of the funds of the retirement system. These rules affect Title 8, Subtitle B of the Texas Government Code.

No other statutes are affected by these proposed amendments.

§73.21.Reduction Factor for Age and Retirement Option.

(a) - (d) (No change.)

(e) Reduction factors for a standard nonoccupational disability retirement annuity apply to a disability retirement application received by the System on or after September 1, 2005, and are those factors adopted by the board on August 24, 2005, based on assumptions adopted by the board on December 10, 2003.

Figure: 34 TAC §73.21(e) (.pdf)

§73.27.Payment of Retiree Lump-Sum Death Benefit.

Upon receipt of a properly completed claim form, death certificate and other information that may be required to establish beneficiary status or heirship for the uncontested payment of a retiree lump-sum death benefit, the System will provide for the payment of the lump-sum death benefit by notifying the Comptroller of Public Accounts not later than the seventh day after receipt.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 1, 2005.

TRD-200502713

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Earliest possible date of adoption: August 14, 2005

For further information, please call: (512) 867-7480


Chapter 85. FLEXIBLE BENEFITS

34 TAC §§85.1, 85.7, 85.9, 85.11

The Employees Retirement System of Texas (ERS) proposes amendments to 34 Texas Administrative Code §§85.1, 85.7, 85.9, and 85.11, concerning the Flexible Benefits Program. These sections are amended to define and direct the administration of the state of Texas Employees Flexible Benefit Program (TexFlex). These sections also comply with and conform to the provisions of the Internal Revenue Code, as amended, and the Texas Insurance Code, Chapter 1551.

Section 85.1 adds definitions of grace period and run-out period. Internal Revenue Service Notice 2005-42 authorizes plan sponsors to offer a grace period to participants of healthcare reimbursement accounts (HCRA) and dependent care reimbursement accounts (DCRA). These changes define the grace period as authorized by the board of trustees and the run-out period which describes the period of time following the end of the plan year during which participants may file claims.

Section 85.7 makes changes to the forfeiture provisions by adding the grace period to the end of the Plan Year thereby extending the period during which a participant may incur claims using balances accrued during the prior plan year.

Sections 85.9 and 85.11 add the timeframe for the grace period. IRS Notice 2005-42 authorizes a grace period of up to two (2) months and 15 days. This change specifies the grace period as authorized under the TexFlex Program. This change also renames what was previously referred to as the "grace period" and more appropriately refers to it as the "run-out period."

Paula A. Jones, General Counsel, has determined that for the first five-year period the rules are in effect, there will be no fiscal implications for state or local government as a result of enforcing or administering the rules, and small businesses and individuals will not be affected.

Ms. Jones also determined that for each year of the first five years the rules are in effect the public benefit anticipated as a result of enforcing the rules will be updated information and clarification of the rules, as well as an extended grace period to benefit plan participants who may otherwise be required to forfeit plan contributions, but will instead be permitted to incur claims during the grace period that may be paid from balances attributable to the plan year. There are no known anticipated economic costs to persons who are required to comply with the rule as proposed.

Comments on the proposed new rule may be submitted to Paula A. Jones, General Counsel, Employees Retirement System of Texas, P.O. Box 13207, Austin, Texas 78711-3207, or e-mail Ms. Jones at pjones@ers.state.tx.us. The deadline for receiving comments is Monday, August 1, 2005 at 10:00 a.m.

The amendments are proposed under Texas Insurance Code, §§1551.009, 1551.052 and 1551.206(e) and affect Texas Insurance Code, Chapter 1551. No other statutes are affected by this amendment.

§85.1.Introduction and Definitions.

(a) - (b) (No change.)

(c) Definitions. The following words and terms when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise, and wherever appropriate, the singular includes the plural, the plural includes the singular, and the use of any gender includes the other gender.

(1) - (20) (No change.)

(21) Grace period--A two (2) month and 15 day period, adopted by the TexFlex plan pursuant to IRS Notice 2005-42, immediately following the end of the plan year during which participants may continue to incur expenses for reimbursement from the prior year account balance.

(22) [ (21) ] Health care expenses--Any expenses incurred by a participant, or by a spouse or dependent of such participant, for health care as described in or authorized in accordance with the Code, §105 and §213, but only to the extent that the participant or other person incurring the expense is not reimbursed for the expense by insurance or other means. The types of expenses include, but are not limited to, amounts paid for hospital bills, doctor bills, prescription drugs, hearing exams, vision exams, and eye exams.

(23) [ (22) ] Health care reimbursement account--The bookkeeping account maintained by the plan administrator or its designee used for crediting contributions to the account and accounting for benefit payments from the account.

(24) [ (23) ] Health care reimbursement plan--A separate plan, under the Code, §105, adopted by the board of trustees, and designed to provide health care expense reimbursement as described in §85.5(b) of this title (relating to Benefits).

(25) [ (24) ] Institution of higher education--All public community/junior colleges, senior colleges or universities, or any other agency of higher education within the meaning and jurisdiction of the Education Code, Chapter 61, except the University of Texas System and the Texas A&M University System.

(26) [ (25) ] Leave of absence without pay--The status of an employee who is certified monthly by an agency or institution of higher education administrator to be absent from duty for an entire calendar month, and who does not receive any compensation for that month.

(27) [ (26) ] Option--Any specific benefit offering under the plan.

(28) [ (27) ] Participant--An eligible employee who has elected to participate in the plan for a period of coverage.

(29) [ (28) ] Period of coverage--The plan year during which coverage of benefits under the plan is available to and elected by a participant; however, an employee who becomes eligible to participate during the plan year may elect to participate for a period lasting until the end of the current plan year. In such case, the interval commencing on such employee's entry date and ending as of the last day of the current period of coverage shall be deemed to be such participant's period of coverage.

(30) [ (29) ] Plan--The flexible benefits plan established and adopted by the board of trustees pursuant to the laws of the state [ State ] of Texas and any amendments which may be made to the plan from time to time. The plan is referred to herein as TexFlex, and is comprised of a dependent care reimbursement plan, a health care reimbursement plan and an insurance premium conversion plan.

(31) [ (30) ] Plan administrator--The board of trustees of the Employees Retirement System of Texas or its designee.

(32) [ (31) ] Plan year--A 12-month period beginning September 1 and ending August 31.

(33) Run-out period--The period following the end of the plan year between September 1 and December 31, during which participants may file claims for reimbursement of expenses incurred during the plan year and grace period.

(34) [ (32) ] Statutory nontaxable benefit--A benefit provided to a participant under the plan, which is not includable in the participant's taxable income by reason of a specific provision in the Code and is permissible under the plan in accordance with the Code, §125.

(35) [ (33) ] Spouse--The person to whom the participant is married. Spouse does not include a person separated from the participant under a decree of divorce, or annulment.

(36) [ (34) ] TexFlex--The flexible benefits plan adopted by the board of trustees.

(37) [ (35) ] Texas Employees Group Benefits Program--The employee insurance benefits program administered by the Employees Retirement System of Texas, pursuant to the Texas Insurance Code, Chapter 1551. The program consists of health, voluntary accidental death and dismemberment, optional term life, dependent term life, short and long term disability, and dental insurance coverages.

(38) [ (36) ] Third Party Administrator or TPA--The vendor, administrator or firm selected by the plan administrator to perform the day-to-day administrative responsibilities of the TexFlex program for participants of the Texas Employees Group Benefits Program who enroll in either the health care reimbursement plan, dependent care reimbursement plan or both.

§85.7.Enrollment.

(a) - (d) (No change.)

(e) Forfeiture of account balances.

(1) The amount credited to a participant's reimbursement account for each benefit election for any plan year will be used to reimburse or pay qualified expenses incurred during the eligible employee's period of coverage in such plan year and the grace period , if the claim is electronically adjudicated or if the participant files a correctly completed claim for reimbursement on or before December 31 following the close of the plan year.

(2) Any balances remaining after payment of all timely and correctly filed claims postmarked no later than December 31 following the close of the plan year and the grace period, shall be forfeited by the participant and be available to pay administrative expenses of the flexible benefits program.

(f) Reimbursement report to participant. The plan administrator or its designee shall provide to the participant periodic reports on each reimbursement account, showing the account transactions (disbursements and balances) during the plan year and the grace period . These reports may be provided periodically through electronic means.

§85.9.Payment of Claims from Reimbursement Accounts.

(a) Claim for reimbursement.

(1) Claims for reimbursement of expenses incurred during an eligible employee's period of coverage in the plan year or during the grace period may be submitted at any time during the plan year or grace period , but not later than December 31 following the close of the plan year.

(2) Claims shall be paid to the extent of available flexible benefit dollars allocable to the applicable type of expenses and shall only be paid out of flexible benefit dollars for the plan year , which may include the grace period, in which the expense was incurred. The TPA shall compare the participant's available balance and the amount of the expense to make certain that claims are paid according to the provisions of the Code and these rules.

(3) Expenses incurred prior to becoming a participant or after the last day of a plan year or the grace period , [ August 31, ]shall not be covered by this plan. A terminated participant may continue to file claims for eligible expenses incurred during the employee's period of coverage within the plan year and grace period, if applicable, to exhaust reimbursement account balances no later than December 31 following the close of the plan year.

(4) Claims shall be submitted in a manner prescribed by the Employees Retirement System of Texas or its designee, accompanied by such bills, receipts or other proof of incurring the expense as the plan administrator or its designee may require.

(5) A claim form must be submitted each time reimbursement or payment is requested, unless using the debit card.

(6) The dependent care and health care reimbursement accounts are separate accounts, and funds from one account may not be used to reimburse expenses of the other account.

(b) Debit Card transactions.

(1) Debit card payments for eligible expenses incurred during a participant's [ an employee's ] period of coverage in the plan year and the grace period may occur at any time during the plan year and the grace period , but not later than November 15th [ August 31st or the last day of the plan year ].

(2) Transactions shall be processed to the extent of available flexible benefit dollars allocable to the applicable type of expenses and shall only be paid out of flexible benefit dollars for the plan year , which may include the grace period, in which the expense was incurred. The TPA shall compare the participant's available balance and the amount of the expense to make certain that claims are paid according to the provisions of the Code and these rules.

(3) Expenses incurred prior to becoming a participant shall not be covered by this plan. Expenses incurred by a participant may be covered only in the plan year , which may include the grace period, in which the expense is actually incurred. Upon a participant's termination, the debit card will be automatically deactivated. Paper claims may be filed for eligible expenses incurred during the participant's period of coverage within the plan year , and the grace period, if applicable, in which he was a participant. All claims for reimbursement from account balances must be filed no later than December 31 immediately following the close of the plan year.

(4) Participants may be required to submit bills, receipts or other proof of incurring the expense as the plan administrator or its designee may require.

(5) Reimbursements or payments made using the debit card may require additional supporting documentation as may be requested by the plan administrator or its designee, and the participant must maintain his own records to substantiate the eligibility of all expenses for individual income tax purposes, if necessary.

(c) - (d) (No change.)

§85.11.Administration.

(a) - (c) (No change.)

(d) Miscellaneous provisions.

(1) The participation in the plan of an employee is subject to changes in applicable state and federal laws and regulations and the sections in this chapter.

(2) The plan year begins on September 1 of each year and ends on August 31. The run-out [ grace ] period for filing claims for services used during the plan year and the grace period, ends on December 31. The grace period begins at the end of the plan year and ends two (2) months and 15 days later.

(3) The mailing address of the plan administrator is: Plan Administrator, TexFlex Plan, Employees Retirement System of Texas, P.O. Box 13207, Austin, Texas 78711-3207.

(4) If a provision in the sections in this chapter conflicts with a federal law, rule, or regulation governing the plan, then the law, rule, or regulation prevails over the provision.

(5) The participation of an employee in the plan does not give the employee a legal or equitable right against the participant's employing state agency, institution of higher education, the plan administrator, TPA or the state [ State ] of Texas except as provided in the sections in this chapter. The plan does not affect the terms of employment between a participant and the participant's employing state agency or institution of higher education.

(6) Except for the grace period, if [ If ] a time limit is expressed in terms of a number of days and the last day of the time limit falls on a weekend or holiday recognized by the state [ State ] of Texas for observance by state employees, the last day of the time period shall be the first business day after the weekend or holiday. The end of the grace period shall be the actual day on which it falls, even if it is a weekend or holiday.

(7) The sections in this chapter prevail over any document used in the administration of the plan that has provisions or requirements which conflict with the sections.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on July 1, 2005.

TRD-200502711

Paula A. Jones

General Counsel

Employees Retirement System of Texas

Earliest possible date of adoption: August 14, 2005

For further information, please call: (512) 867-7421