Section 1601.205 - Employee Payments for Participation in Cafeteria Plan(a) If an employee elects to participate in a cafeteria plan, the employee must execute a salary reduction agreement under which the employee's monthly compensation will be reduced in an amount equal to the difference between: (1) the amount appropriated for that purpose in the General Appropriations Act or the system's budget; and(2) the cost of the employee's selected coverages for which the employee is eligible to pay under the cafeteria plan.(b) The employee must execute a salary reduction agreement for any portion of the cost that is not covered by state or system appropriations and cafeteria plan contributions.Tex. Ins. Code § 1601.205
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.