Human Resources Classified Staff Policy and Procedures
Policy # 206.0
Effective: 09/88
Revised: 2/07
Section: Benefits
Subject: Pre-tax Benefits Program
Reference: S.B. 1191, Section 125 - Internal Revenue Code
POLICY
This policy content has been consolidated into Classified Staff Policy 222.0 - Benefits and Retirement.
The Arizona Board of Regents has authorized the University to establish
a pre-tax benefits program wherein the employee's portion of the premium
cost for medical, dental, supplemental life, and short-term disability
insurance programs will be excluded from the employee's gross income for
federal and state individual income tax and social security tax purposes.
These premiums shall be deducted from employee paychecks before taxes,
thereby reducing employee gross taxable income.
The insurance coverage(s) selected will remain in force until the next
open enrollment period. Employees may not change their coverage before
that time, unless their family situations change by means of marriage divorce,
death of a spouse or child, birth, adoption or change in dependent status
of a child, or a change in spousal employment. Consequently, employees
may not add or delete dependents or insurance coverage, except during open
enrollment or as outlined above.
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