Flexible Spending Accounts
FSA/TRA Open Enrollment - November 20th - December 20th
You must (re)enroll every year to continue participation! Forms are due by the end of the day on Wednesday, December 20th.
FSA/TRA enrollment is completed in PeopleSoft, Employee Self Service, through the Benefit Details tile or click the Open Enrollment desktop icon, ISD has installed on your computer! If you do not have access to a City networked computer or VPN, please contact Benefits staff for assistance.
Important: For new enrollees, the default reimbursement method is the Benefits MasterCard. If you wish to choose the Easy Pay reimbursement method, click the FSA Additional Options tile in Employee Self Service, click Add a New Value, and complete the Form tab by following the instructions on the Instructions tab.
If you are re-enrolling, you do not need to complete this step unless you want to change your method of reimbursement. You can also change your method of reimbursement through the PacificSource Administrators (PSA) online portal. Remember, that your current Benefits MasterCard will be re-loaded with 2024 plan year funds, so don't destroy your card! If you have destroyed your card or lost it, you will need to request a new card from PSA.
You can find additional detailed information, FAQs, FSA Eligible/Ineligible Expenses, and more on the below tabs!
OPTIONAL FSA/TRA OPEN ENROLLMENT MEETING:
Get information about 2024 FSA updates and find out how you can maximize your election. A representative from PacificSource Administrators will be available to answer all of your questions!
Tuesday, December 5, 2023, 1 -2 p.m. Teams Meeting
Attendance can be considered work time if during your regular work hours. Supervisory approval is required to attend any meeting during your regular work hours and family members are welcome to attend.
FSA Health Care Account:
Defer up to $3,200 for eligible out of pocket health care costs. If leaving employment with the City of Eugene, any election amount not already deposited will be taken from the employee's final paycheck or with payments in after-tax dollars. However, expenses incurred after leaving employment are fully reimbursable up to deferral amount.
FSA Dependent Care Account:
Defer up to $5,000 for childcare expenses necessary to allow you to work, such as daycare, after school care, summer day camps, etc. ($2,500 if married filing separately).
Transportation Reimbursement Account (TRA):
Defer up to $3,780 for eligible commuter parking expenses and/or $3,180 for mass transit expenses. Note: Do not sign up for a TRA if you park in a City garage or lot and have pre-tax payroll deductions.
Your current reimbursement option will remain in effect unless you elect to change it. If you are not currently enrolled, you will be enrolled in the Benefits MasterCard unless you elect Easy Pay.
- Easy Pay: Automatically have your claims reimbursed for all your eligible Health Care expenses processed through PacificSource or Delta Dental (a Moda Health-affiliated company) – No FSA claim forms, or documentation required! This option is not available if you have double coverage for health insurance or if you cover a domestic partner who is not your tax dependent.
- Benefits MasterCard: Eligible expenses can be reimbursed directly from your FSA account at many vendors. Documentation of the claim may still be required. If you have double health insurance coverage, be sure to only use your card for claims that have passed through both insurance companies. Your 2024 FSA election will either be loaded onto your current Benefits Mastercard or you will be sent a new Benefits Mastercard. Keep in mind that your 2024 election may not be loaded to your Benefits Debit Card until mid-January. Cards are re-issued with a new number about 30 days prior to the expiration date as long as the participant is still an active participant. Remember to notify any vendor that may have saved your card information for recurring charges (e.g. mail order pharmacy).
- Manual Claims: Submit claims manually either via mail, fax or through your PacificSource Administrators online member account. You must use manual submission for child care expenses.
IMPORTANT: "USE IT OR LOSE IT"
FSA: Under the IRS rules you must have incurred expenses to spend your FSA elections by the end of the plan year’s grace period or funds will be forfeited and retained by the City of Eugene. Please choose your election amount carefully.
TRA: Unused TRA funds cannot be refunded to you, but can roll over for use in the next plan year as long as you re-enroll in the program and continue your TRA participation.
HIPAA Privacy Notice
The City of Eugene sponsors the City's self-insured group medical, dental and vision plans. The federal Health Insurance Portability and Accountability Act of 1996 (HIPAA) restricts the City Health Plan's use and disclosure of health information in order to preserve privacy for plan members. It is the policy of the City to comply fully with the health information privacy standards of HIPAA.
What is an FSA/TRA?
Flexible Spending Accounts (FSA) and Transportation Reimbursement Accounts (TRA) allow you to use pre-tax dollars to pay for certain dependent care, health care, and transportation expenses that you would normally pay for with after-tax dollars. This can mean a significant tax savings on qualified expenses.
You have 30 days from the date you begin working to enroll in this plan, or you may enroll during the annual open enrollment period held in December. To continue participation, you must re-enroll each year.
For FSA/TRA new hire enrollment, within 30 days of hire, log into Employee Self Service in PeopleSoft, select the Benefit Details tile and complete the steps under Benefits Enrollment. For FSA qualifying event changes mid-year, you will create a life event under the Benefit Details tile and for TRA qualifying event changes mid-year, you will need to complete a paper form.
All regular full and part-time employees are eligible to participate in the FSA/TRA program.
Carefully review the FSA/TRA handbook and the enrollment form for specific regulations.
FSA Health Care Account
Defer money pre-tax to pay for eligible medical, dental, and vision out-of-pocket expenses for you and your qualified dependents.
FSA Dependent Care Account
You can defer money pre-tax for dependent care expenses which are necessary to allow you to work.
Transportation Reimbursement Account (TRA)
With a TRA account, you can pay for certain transportation expenses with before-tax dollars. Expenses must be tax-qualified (allowable deductions or credits under current IRS regulations). Allowable deductions include van pool and parking expenses. The deferrable dollar amounts for each option are on the enrollment form.
"Use it or lose it"
Under IRS rules, any funds remaining in your FSA at the end of the plan year and grace period are forfeited and not allowed to be refunded by the City of Eugene. (Special rules apply to the TRA program).
Once the plan year ends, you have an additional 2 1/2 months to incur healthcare and dependent care expenses that can be submitted for reimbursement under your prior year’s account. This gives you more time to exhaust any funds you may have left at the end of the year. Additional information is available in the FSA Grace Period Q&A.
- FSA Claim Form Opens a New Window.
- TRA Claim Form Opens a New Window.
- FSA Direct Deposit Enrollment Form Opens a New Window.
- FSA Health Care Eligible and Ineligible Expenses
- FSA Dependent Care Eligible and Ineligible Expenses Opens a New Window.
- FSA Letter of Medical Necessity Opens a New Window.
- FSA Brochure Opens a New Window.
- FSA/TRA Handbook Opens a New Window.
- EasyPay FAQs Opens a New Window.
- Opens a New Window. FSA Benefits Card Brochure Opens a New Window.
- FSA Grace Period Q & A Opens a New Window. Opens a New Window. Opens a New Window.
- PacificSource Administrators website