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2016-129N
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2016-129N
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Last modified
9/26/2016 12:02:26 PM
Creation date
9/26/2016 12:02:22 PM
Metadata
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Template:
Official Documents
Official Document Type
Plan
Approved Date
08/16/2016
Control Number
2016-129N
Agenda Item Number
8.RR.
Entity Name
IRC Board of County Commissioners
Subject
Health Care Flexible Spending Account Plan
Section 125 of Internal Revenue Code
Effective 10/1/2015
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10.15 Effect of Mistake <br /> In the event of a mistake as to the eligibility or participation of an Employee,the allocations <br /> made to the account of any Participant, or amount of distributions made or to be made to a <br /> Participant or other person, the Plan Administrator shall, to the extent it deems possible, <br /> cause to be allocated or cause to be withheld or accelerated, or otherwise make adjustment <br /> of, such amounts as will in its judgment accord to such Participant or other person the <br /> credits to the account or distributions to which he is properly entitled. Such action by the <br /> Plan Administrator may include withholding of any amounts due to the Plan or the <br /> Employer from Compensation paid by the Employer,or other actions as it deems necessary <br /> to collect from the Participant or other person overpayments or improper benefits received <br /> by the Participant or other person. <br /> 10.16 Provisions Relating to Insurers <br /> No insurer shall be required or permitted to issue an insurance policy or contract that is <br /> inconsistent with the purposes of this Plan, nor be bound to take any action not in <br /> accordance with the terms of any policy or contract with this Plan. The insurer shall not <br /> be deemed to be a party to this Plan, nor shall it be bound to interpret the construction or <br /> validity of the Plan. The insurer shall be protected from its good faith reliance on the <br /> written representations and instructions of the Plan Administrator, and shall not be <br /> responsible for the initial or continued qualified status of the Plan. <br /> 10.17 Jurisdiction <br /> This Plan shall be construed and enforced according to the laws of the State of Florida,except <br /> to the extent those laws are preempted by the laws of the United States of America. ' The <br /> venue for any actions shall be Indian River County or in federal court in the Southern District <br /> of Florida <br /> Page 14 <br />
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