SECTION 260:40-27-4. Amount of benefits available  


Latest version.
  • (a)   Subject to the limitations imposed by federal law to avoid discrimination, the maximum benefit which a participant may receive in any Plan Year for medical care expenses under the health care reimbursement account option shall be subject to a monthly maximum of $350.00 or other amount as determined by the Plan Administrator.
    (b)   The minimum salary adjustment amount for participation in this option shall be $10.00 per month.
[Source: Added at 31 Ok Reg 1358, eff 9-12-14]