New Jersey S3352 aligns state law with federal limits on public employee contributions to medical and dependent care flexible spending accounts.

New Jersey S3352 amends state law to ensure that the limits on public employee contributions to medical and dependent care flexible spending accounts (FSA) match those set by federal law. This includes aligning the annual contribution limits for medical FSAs with federal inflation adjustments and setting the same cap for dependent care FSAs as specified in federal statutes. The bill applies to employees and employers across the state, local governments, and school districts, ensuring consistency with federal regulations.

New Jersey S3352 aligns state law with federal limits on public employee contributions to medical and dependent care flexible spending accounts.

New Jersey S3352 amends state law to ensure that the limits on public employee contributions to medical and dependent care flexible spending accounts (FSA) match those set by federal law. This includes aligning the annual contribution limits for medical FSAs with federal inflation adjustments and setting the same cap for dependent care FSAs as specified in federal statutes. The bill applies to employees and employers across the state, local governments, and school districts, ensuring consistency with federal regulations.