Okla. Admin. Code § 260:40-19-1

Current through Vol. 42, No. 4, November 1, 2024

Section 260:40-19-1 - Flexible benefit allowance

(a) Each participating employer shall credit to each of its participating employees the specified amount as determined by law, as a flexible benefits allowance. Each participant must use a portion or all of their flexible benefit allowance to purchase at least the basic plan.

(b) An eligible employee making an election not to participate under OAC 260:40-17-3(c)(1) will not be eligible for or credited with any amount of the employee or dependent flexible benefit allowance.

Adopted by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014