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   Risk Management and Employee Benefits BENEFIT DOLLARS
 

What are benefit dollars? Benefit dollars are just like real dollars provided by MCSD to eligible employees that must spent on certain pre-taxed benefits.

Full time employees receive $200 per year and part time employees receive $100 per year (part-time employees only receive this benefit if they elect medical, dental, vision or an AFLAC policy.)

You can use these benefit dollars towards the cost of any pre-tax medical, dental, vision or AFLAC coverage for yourself or dependents or participation in a Medical Expense Flexible Spending Accounts (FSA) under the District's employee benefits plan.

You will be given a opportunity to choose from the following options as to how your Benefit Dollars are allocated.

OPTION #1 - 100% of Benefit Dollars will be used toward dependent premium offset (medical, dental, vision, AFLAC).

OPTION #2 - 100% of Benefit Dollars will be contributed to a Medical FSA. (Dependent Care is not an option. You must meet with a Benefits Counselor if you choose this option.) For more information, click here.

With any of the options listed above, you may use your own pre-tax salary dollars to add to health care or dependent care FSA of to pay additional medical, dental or vision premiums. See section on FSA's.

 

Employee-Benefits-Booklet-2007-2008
Click on picture below to download Acrobat.

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