Danville District No. 118 BPC (Benefit Planning Consultant) Information
BPC group now handles our Section 125, Pre-Tax program. Under the
Pre-Tax program, you may elect to have three types of deductions: (1)
all medical premiums (major medical, vision, and AFLAC policies), (2)
Unreimbursed medical expenses, (3) Dependent care, withheld from your
paycheck prior to your salary being taxed.
BPC offers the unreimbursed medical and dependent care plans. You may use the reimbursement claim form to fax your Unreimbursed Medical and Dependent Day Care expenses to:
PO Box 7500
Champaign, IL 61826-7500
You may also visit their website www.bpcinc.com to track the balance of your account. Click here for website instructions.
Use it or Lose it Rule: You
have 90 days after the calendar year end in which to turn in your
claims for reimbursement under the Unreimbursed Medical and/or Dependent
Day Care (FSA). The claims for reimbursement must have dates of
service that fall within your FSA coverage period. If you miss the
deadline, you forfeit your monies – No exceptions.
Annual Election for BPC is once a year in
October for January 1 renewal. You must re-enroll for the unreimbursed
medical and dependent day care expenses each year.
For more information contact:
Benefit Planning Consultants (BPC)
or by visiting their website www.bpcinc.com