Okla. Admin. Code § 260:40-26-10

Current through Vol. 42, No. 6, December 2, 2024
Section 260:40-26-10 - Forfeiture of unused benefits

Amounts remaining in an employee's Qualified Transportation account following final payment of all Mass Transit expenses incurred during the periods described in OAC 260:40-26-9(b) shall be forfeited to pay administrative expenses of the Flexible Benefits Plan. An employee who elects to continue to enroll into a Qualified Transportation account in subsequent years, without periods of interruption, will be permitted to roll over unused amounts from previous years subject to the limitations in OAC 260:40-26-4

Okla. Admin. Code § 260:40-26-10

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