34 TAC §85.9
The Employees Retirement System of Texas (ERS) proposes amendments
to §85.9, concerning the Payment of Claims from Reimbursement Accounts
of the Flexible Benefits Program. Section 85.9 is amended to update the dependent
care reimbursement rules.
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.
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. There
will be no affect on small businesses. There are no known anticipated economic
costs to persons who are required to comply with the rules as proposed.
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 amendments are proposed under Insurance Code, Art. 3.50-2, §4A
and affect Insurance Code Art. 3.50-2, §13B.
No other statutes are affected by this amendment.
§85.9.Payment of Claims from Reimbursement Accounts.
(a)
(No change.)
(b)
Reimbursement of claims to participants.
(1)-(3)
(No change.)
(4)
Dependent care reimbursement shall at no time exceed
the greater of
the balance of the participant's account for the plan
year[
,
] at the time of the reimbursement
, or an amount equal
to the monthly salary reduction amount
.
(5)
(No change.)
(c)-(d)
(No change.)
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 7, 2000.
TRD-200004729
Sheila W. Beckett
Executive Director
Employees Retirement System of Texas
Earliest possible date of adoption: August 20, 2000
For further information, please call: (512) 867-7125