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Board approves limited accrued sick‑time cash‑out policy amid debate over FSAs and equity
Summary
The board narrowly approved a resolution allowing employees to cash out portions of unused sick time to help cover medical costs after the city's insurance plan changes. The measure passed 9–2 after aldermen questioned whether a flexible spending account would be a better, pretax alternative.
The Hendersonville Board voted 9–2 on Oct. 28 to adopt a resolution creating a limited mechanism for employees to cash out a portion of accrued sick time to help with certain medical costs tied to changes in the city’s insurance offerings.
Proponents said the policy is designed to backfill reimbursements previously handled via the city’s Health Reimbursement Arrangement (HRA), which will not be available under the state insurance plan the city will…
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