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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 260. Office of Management and Enterprise Services |
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Chapter 40. Employee Benefits Department |
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Subchapter 11. Amendment or Termination of the Flexible Benefits Plan |
SECTION 260:40-11-3. Preservation of rights and responsibilities
Latest version.
- Termination or amendment of the Flexible Benefits Plan under the provisions of Section 1345 of Title 74 of the Oklahoma Statutes shall not affect the rights of any participant to claim reimbursement for expenses incurred prior to such termination or amendment, to the extent such amount is payable under the terms of the Flexible Benefits Plan, prior to the effective date of such termination or amendment. If the Flexible Benefits Plan is terminated, payroll deductions may be made for expenses included in a participant's salary adjustment agreement in accordance with the rules in this Title.