To allow more time for participants to incur expenses each year and reduce the chance for forfeitures. PWCS has elected to modify the flex plan to include the option to allow employees who are unable to spend their health care funds prior to the end of the plan year an extra 2 1/2 months, after plan year-end, to incur eligible expenses before being forced to forfeit unused funds. It is essential to understand that the use-it-or-lose-it rule still exists, but the extension greatly softens the blow by allowing you more time to use your unspent FSA balances.

• Enrollment forms will to be sent to the Office of Benefits and Retirement Services. Sheakley,
  a third party provider, will administer the program for Prince William County Schools.
• Participants will be responsible for submitting their reimbursement requests directly to Sheakley.
• Sheakley will issue reimbursements to the participant via check or direct deposit.
• Expenses will be reimbursed up to a maximum of $5,000 for dependent care and $2,500 for
  health care for the 12-month plan year per account,
• You will be able to access your account information on-line by following the instructions for registering at www.sheakley.com/benefits.asp

The annual open enrollment period is the only time during the school year that current employees can enroll in the program, unless there is an approved change in family status (e.g. birth, adoption, death, marriage, divorce) or change in employment status (e.g. part-time to full-time).  Employees who have a family or employment status change outside the open enrollment period have 30 days from the event to enroll in the program or make changes to the election amount.