Haw. Code R. § 14-52-21 - Administration fee
(a) Each participant shall pay a monthly
administration fee, if required by the State. The amount of the fee shall be
determined by the director.
(b)
Except as otherwise provided in the Code or this chapter, the fee shall be paid
on a pre-tax basis and shall be made by payroll reduction.
(c) Each participant shall pay one monthly
administration fee regardless of whether the participant enrolls in one or both
types of spending accounts.
(d) The
administration fee shall be paid for the entire month regardless of when,
during the month, the participant voluntarily cancels coverage, separates from
service, or is administratively canceled as provided in this chapter. Upon
cancellation of the participant's coverage or separation from service, the fee
shall be deducted from the participant's account balance and paid until
contributions are exhausted or until ninety days following the date
participation is terminated, whichever comes first.
Notes
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