The City's, Section 125 Flexible Spending Account for Out-of Pocket Health related expenses and Dependent care cost
are administered by TRIAD. See
TRIAD FSA Brochure.
This plan allows employees to redirect a portion of their
salaries to pay for the qualified Health Care or Dependent Care
expenses on a pre-tax basis.
The Flexible Spending Account documents listed to the right contain complete details of benefits and exclusions.
Please contact the City of Riverside Human Resources Department
or TRIAD Member Services for additional questions.
Also, please visit the
Benefit Forms website, for a list of
all TRIAD forms/brochures you may find useful.
Options available are:
- Health Care out-of-pocket expenses such as co-pays, prescriptions, deductibles, etc., that are not covered by insurance can be claimed
(please refer to the TRIAD FSA Brochure for details). The maximum that employees can elect on
out-of-pocket Health related expenses
- Child and dependent care costs for qualified individuals. Tuition costs for private schools are excluded. The maximum contribution is $5,000 per year. Claim forms are available in Human Resources and should be submitted be submitted to TRIAD directly.
There is a monthly fee of $6.00 for enrolling in one
or both FSA plans.
Employees should calculate anticipated costs
- Amounts not claimed by the end of the year are forfeited.
- Once an employee signs up to participate in the plan, he/she cannot stop or change contributions unless they or a dependent experiences a material change in economic circumstances.
These are provisions under Section 125 of the IRS Code. Questions regarding qualified deductions should be directed to TRIAD at (888) 844-1372.
- As a new hire, enrollment must be made within 30 days of the
date of hire, using the
Employee Online System.
- The Out-of-Pocket Health Care and Dependent Care deductions are effective the first of the month following date of hire.
- If enrollment is not completed within 30 days of hire, employees must wait until the next open enrollment period.
- Active, benefitted employees, can enroll in a FSA plan
during the Open Enrollment period using the
System. Coverage is effective January 1st.
Per Section 125 of the IRS Code, once started, this plan cannot be stopped or changed unless:
- The employee and/or a member of his or her family experiences a "material economic change."
- The employee separates service from the City of Riverside.