How will employee premiums be paid during the shutdown?
Employee’s share of the premiums due for the month of July will be deducted from the July 1, and July 15, 2011 paychecks. Premiums due after July will be deducted from the 2nd and 3rd full paychecks upon return to work. Medical Dental Expense Account (MDEA), Dependent Care Expense Account (DCEA), and Transit pre-tax account deductions will be recalculated upon return to work based on the employee’s annual election and adjusted as necessary.
Related Questions
- If the employee paid premiums on a post-tax basis, do I still need to report the disability benefits paid on a Form W-2 since it is non-taxable income?
- Can an employer require an exempt employee to use accrued paid leave during a part-week shutdown?
- How is it determined which hourly rate should be applied or paid to the employee?
