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Section 125 Plans

Littleton Public Schools offers several options for employees under its Section 125 Plan: Premium Only Plan; Health Flexible Spending Account (Health FSA); Limited Dental/Vision FSA; Dependent Care Flexible Spending Account (Dependent Care FSA); and Health Savings Account (HSA) for those who are enrolled in the Cigna Consumer Driven Open Access-In Network Health Plan. The district contributes to employees HSA (subject to Board of Education approval each year) based on the employee's CDHP enrollment level. Employee contributions through payroll deduction to these plans are not subject to federal or state income taxes, Medicare taxes, and in most cases PERA contributions which results in higher take home pay.

You must complete the enrollment form and required information in order to enroll in any of these plans. If you do not enroll in these plans upon hire, your next opportunity to enroll will be during open enrollment unless you have a change in family/employment status as defined by the IRS.

Premium Only Plan (POP)

Premium Only Plan (POP) deductions allow you to pay your share of required insurance premiums with pre-tax deductions from your pay. Once you enroll, these premium contributions will be deducted automatically on a pre-tax and pre-PERA basis until you elect to stop POP or complete a new enrollment form without electing POP. The result: an increase in your pay!

Health Flexible Spending Account (Health FSA)

Eligible employees can put up to $2,500 per plan year in their Health FSA through monthly payroll deductions. Employees who participate in the Cigna Consumer Driven Open Access-In Network Health Plan with Health Savings Account (CDHP/HSA) are not eligible for the Health HSA. The money may then be claimed by the employee for unreimbursed medical expenses (expenses not covered by insurance such as RX, coinsurance, copayments, deductibles, and non-covered vision or dental expenses). Expenses must be incurred within the plan year and must be claimed within 90 days of the end of the plan year or are forfeited under IRS regulations. This plan is administered by 24 Hour Flex.

Limited Dental/Vision FSA

Eligible employees who participate in the Cigna Consumer Driven Open Access-In Network Health Plan with Health Savings Account (CDHP/HSA) may participate in this plan as well as the HSA. They may contribute up to $2,500 per plan year through payroll deductions and claim the money for unreimbursed dental and/or vision expenses only. Expenses must be incurred within the plan year and must be claimed within 90 days of the end of the plan year or are forfeited under IRS regulations. This Plan is also administered by 24 Hour Flex.

Dependent Care Flexible Spending Account (Dependent Care FSA)

Employees may put up to $5,000 annually in a Dependent Care FSA through monthly payroll deductions to pay for dependent care expenses necessary because you (and your spouse) are working. This money can then be claimed by the employee for reimbursement by submitting receipts for day care expenses to 24 Hour Flex.

EMPLOYEES SHOULD NOT PARTICIPATE IN THE FOUR PLANS ABOVE DURING THE FOUR (4) YEARS PRIOR TO THE PERA RETIREMENT IN ORDER TO MAXIMIZE THEIR PERA RETIREMENT BENEFITS.

Health Savings Account (HSA)

Eligible employees who are enrolled in the Cigna Consumer Driven Open Access-In Network Health Plan will receive a district contribution (subject to Board of Education approval each year) toward their HSA and may contribute additional funds (up to the annual IRS limits based on their CDHP enrollment) through payroll deduction on a pre-tax basis. Unlike the FSA accounts, the HSA account belongs to the employee and is portable even when the employee retires or leaves district employment.

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