Section 125 Election Form & Information

Section 125 Election Form & Information

Meriden Public Schools:  Annual Notice of Election Change Period for Section 125 Plan

This notice only applies to those individuals who have opted  or wish to opt for after tax deductions of their health insurance. 

The Meriden Public Schools offers its employees a Section 125 plan which allows employees to pay for their share of the health (e.g., medical and dental) insurance premiums on a pre-tax basis. Under Sec 125 of the Internal Revenue Code, employees must be given an enrollment period before the beginning of the Section 125 Plan Year in which to change their Section 125 elections regarding the payment of their premiums. (Meriden’s Plan Year is August 1-July 31.) The enrollment period of June 15 to July 15 will be the only time during the year in which you can make such a Section 125 change unless there is a change in your status as defined by the IRS. The most common types of changes in status are : a change in marital status, a change in the number of dependents, a change in employment status by employee, spouse or dependent, or  if your dependents' satisfiy or cease to satisfy eligibility requirements. You must notify the Business Office of any status changes (and complete a new Sec 125 enrollment form) in order to have any changes to your Section 125 election processed.

NOTE: In addition to the Section 125 enrollment change form, you must also complete new health plan coverage forms in order to make the plan coverage changes that involve your Section 125 change in status. (e.g., changing your coverage from one person to two person on account of your marriage.) You can obtain those forms at the Meriden Public Schools intranet site or at  the Forms Repository on this website and you must submit those coverage change forms to the Personnel Office. Do not submit insurance changes to the Business Office.

Section 125 changes for non-change in status reasons will only be allowed during the Section 125 plan enrollment period which is from June 15 to July 15. You do not need to take any action if you do not wish to make any such changes. Any changes you do elect to make will become effective August 1 and will continue until July 31, 2010.

Section 125 changes for change in status reasons can be made during the Section 125 plan enrollment period which is from June 15 to July 15, or at any time during the Plan Year.

Each year during the Section 125 plan enrollment period  you will be offered the opportunity to change your Section 125 Plan enrollment form and compensation reduction agreement for the following Plan Year commencing August 1st. If you do not complete and return a new Section 125 Plan enrollment form and compensation reduction agreement during that enrollment period, you will be treated as having elected to continue your existing Section 125 enrollment coverage for the next Plan Year (August 1 through July 31).

After Tax deductions for Health Insurance: The timing restrictions for making Section 125 changes apply only to those employees who have elected pre-tax premium sharing deductions for their health plan coverage. If you have opted to have your health premiums after tax, these restrictions do not apply to you.

If you have any questions, please contact Corinne Eisenstein at 203-630-4170 or email her at c.eisenstein@meriden.k12.ct.us.

Additional information regarding elections made under the Section 125 Plan can be found in Change in Status.