Agenda item details

Review, Discussion and Consideration of Proposed Fiscal Year 2022 Fees for TexFlex Program and Termination of the Commuter Spending Account Program – (ACTION)

Group Benefits
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Slides - TexFlex pdf 178 kB
Move that the Board of Trustees of the Employees Retirement System of Texas approve a PY22 administrative fee holiday for the TexFlex program applicable to those participants enrolled in the Flexible Spending Health Care Reimbursement and Dependent Care Reimbursement plans; and further move that the Commuter Spending Account terminate at August 31, 2021, with a runout period ending December 31, 2021, after which remaining eligible balances will be refunded to participants on a taxable basis.
Agenda item