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Committee forwards cafeteria-plan contract that preserves pretax deductions for employees
Summary
The committee forwarded Resolution 368-25, authorizing a multiyear agreement to implement a Section 125 cafeteria plan that allows pretax payroll deductions for insurance premiums and flexible spending accounts; committee recorded 8 ayes with one absence.
The Hawaii County Council Committee on Finance voted to forward Resolution 368-25, which authorizes the mayor to enter a one-year, six-month agreement (with options to extend) to implement a Section 125 cafeteria plan for county employees. The resolution cites an approximate annual cost of $12,000.
Summer Tokihiro, director of human resources, explained that the cafeteria plan…
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