19.8 Restrictions

(Amended 10/04; 6/11; 8/6/21)

Effective August 6, 2021, this policy has been revised. For individual changes, see the redlined version.

Expenses reimbursed in a spending account must be incurred during the year of participation in the the spending account program. Employees have until April 30 of the following calendar year to be reimbursed for such expenses. Any money remaining in a particular calendar year account on December 31 for which the employee cannot produce receipts for eligible expenses will be forfeited to the University.

If an employee terminates employment during the calendar year and they are participating in this program, all dependent care funds remaining must be spent by December 31 and  submitted for reimbursement by April 30 of the following year. If the employee who terminated was participating in the health care spending program, all funds remaining for claims incurred during employment must be claimed by April 30 of the following year. Any funds not spent by the end of employment will be forfeited to the University.