Haw. Code R. § 14-51-32 - Funding limitation

Current through February, 2022

Compensation reduction shall be limited to the amount of eligible expenses in any period of coverage. Except in the case of the occurrence of an event defined in section 14-51-24(a), an employee cannot change an election during a period of coverage. In the event the required employee monthly contribution level necessary for continued coverage under a component plan changes during a plan year, the actual amount of compensation reduction will be changed by an identical amount.

Notes

Haw. Code R. § 14-51-32
[Eff. DEC 15 1989] (Auth: SLH 1989, Act 63) (Imp: SLH 1989, Act 63)

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