Require as a condition of the contracts entered into under sub. (1)
that the employe-funded reimbursement account plan providers reimburse the department, to be credited to the administrative account of the public employe trust fund under s. 40.04 (2) (c)
, for administrative costs incurred by the department in connection with employe-funded reimbursement account plans.
Deposit into the account established under s. 40.04 (9m) (a)
that part of an employe's gross compensation that the employe wants placed in an employe-funded reimbursement account.
History: 1987 a. 399
; 1989 a. 14
An employe-funded reimbursement account plan may provide reimbursement to an employe for only the following expenses that are actually incurred and paid by an employe and that the board determines are consistent with the applicable requirements of the internal revenue code:
Dependent care assistance for a person who is dependent on the employe.
The employe's share of premiums for any group insurance benefit plan provided by the department under this chapter, or any other group insurance benefit plan approved under s. 20.921 (1) (a) 3.
, except premiums for income continuation benefits under s. 40.62
Medical expenses which are not covered under a health insurance contract.
Treatment of compensation.
Any part of gross compensation that an employer places in a reimbursement account under an employe-funded reimbursement account plan established under this subchapter which would have been treated as current earnings or wages if paid immediately to the employe shall be treated as current earnings or wages for purposes of any retirement or group insurance benefit plan provided by the department.
History: 1987 a. 399
; 1991 a. 39
Administrative and contract costs. 40.875(1)
The department shall do all of the following:
Beginning on January 1, 1990, collect, from each state agency with employes eligible to participate in an employe-funded reimbursement account plan, a fee in an amount determined by the department to equal that state agency's share of all of the following:
Costs under contracts with employe-funded reimbursement account plan providers.
The department's administrative costs under this subchapter.
Establish a formula, subject to approval by the board, to determine the fees charged to state agencies under par. (a)
Establish procedures for collecting the fees charged under par. (a)
Collect forfeitures from employe-funded reimbursement accounts, under the terms of contracts with employe-funded reimbursement account plan providers or with employes.
Deposit fees collected under par. (a)
, forfeitures collected under par. (d)
and interest earned on the fees and forfeitures in the fund, credited to the account established under s. 40.04 (9m) (a)
to pay costs described in par. (a) 1.
The department may base the fees charged under sub. (1) (a)
on estimates of anticipated administrative and contract costs.
History: 1989 a. 14
HEALTH INSURANCE PREMIUM CREDITS
Health insurance premium credits. 40.95(1)(a)(a)
Subject to sub. (2)
, the department shall administer a program that provides health insurance premium credits for the purchase of health insurance for a retired employe, or the retired employe's surviving insured dependents, for the benefit of an eligible employe whose compensation includes such health insurance premium credits and who satisfies at least one of the following:
The employe has his or her compensation established in a collective bargaining agreement under subch. V of ch. 111
The employe has his or her compensation established in a collective bargaining agreement under subch. I of ch. 111
and the employe is employed by the University of Wisconsin Hospitals and Clinics Authority.
The health insurance premium credits shall be based on the employe's years of continuous service, accumulated unused sick leave and any other factor specified as part of the employe's compensation.
The department is not required to administer any program that provides health insurance premium credits for the purchase of health insurance for a retired employe, or the retired employe's surviving insured dependents, if the department determines that the program does not conform to the program approved by the joint committee on employment relations under s. 230.12 (9)
History: 1995 a. 88