
FSA GRACE PERIOD ENDING
March 15, 2008 is the last day to incur eligible expenses for reimbursement from the 2007 General
and Limited Purpose Spending Account. Participants have until May 31, 2008 to file claims for
reimbursement from the 2007 plan year account. If the participant used their debit card during the
grace period it may cause an interruption of available funds until the “true-up process is complete.
SHPS’ current system can not determine if an expense made during the grace period should be applied
to the current year’s plan or the previous year’s plan.
It deducted the expenses from the current year’s plan. The true-up process is done after the
filing closeout for the previous year’s plan (May 31st) and any expenses made during the grace
period are applied to the appropriate account. This process can take approximately 60 days to
complete after the May 31st deadline date.
All Claims for 2007 Plan Year must be posted marked on or before May 31, 2008.
FAX: 1-866-643-2219 Toll Free MAIL: SHPS Spending Accounts PO Box 34740 Louisville, KY 40232 PHONE: 1-800-893-0763
Spectera is the carrier for the vision plan. Participants should always identify themselves as a Spectera member when making an appointment. This will assist your provider in obtaining a claim authorization prior to your visit. If an employee is enrolled in family coverage they can either add their dependents by calling Spectera directly or the dependents can be added at the time in which they are receiving service. As a member of the Flexible Benefits Program’s vision plan, you are eligible to receive an eye examination, lenses and or contacts every twelve (12) months, and every twenty-four (24) months for frames. The time is measured from the last date of service. For example, if a participant received an eye exam on January 15, 2008, the participant would not be eligible for another eye exam until January 16, 2009, due to the twelve months waiting period. To access your benefits simply call Spectera at 1-800-839-3242 or, you may log on to Spectera’s website at: www.spectera.com
For the General Purpose/Limited Purpose Health Care Spending Account (HCSA), there is a $2.00 administrative fee. The Flex system automatically adds this fee to the amount you enter for your employee selection and sends it to Peoplesoft. If you are not a Peoplesoft payroll agency or do not access Flex, you must remember to inform your employees and accounting/payroll staff that the amount will be increased by the $2.00 fee. The Dependent Care Spending Account $1.00 fee has been waived for the remainder of the 08 plan year deductions.
QUESTION: What are the 2008 allowances for parking and mass transit under the FlexTrans Program?
ANSWER: Under Internal Revenue Code (IRC) Section 132, employers are allowed to offer their employees qualified transportation and parking benefits on a pre-tax basis. Transportation must be via mass transit facilities, a commuter highway vehicle, or parking expenses for any type of vehicle near the employee's place of employment or a location from which the employee commutes to work via mass transit or vanpool.
For 2008, the limitations are as follows:
Vanpool and/or mass transit may not exceed $115 per month; and
Parking may not exceed $220 per month.

Minnesota Life 800-600-2519
Signature (Legal) 800-848-2012
Spectera (Vision) 800-638-3120
SHPS (Spending Accountts):
800-893-0763
United Concordia
(Dental) 866-215-2356
Cigna Dental 800-642-5810
The Standard 888641-7186
AIG (Specfied Illness):
866-849-2958
UNUM (Long-Term Care):
888-764-3539
Questions pertaining to the Health Plans and the Health Reimbursement Account should be directed to the:
Department of Community Health-SHBP at
404-651-6142 or 800-483-6983.
May 2008 Flex Newsletter
April 2008 Flex Newsletter
March 2008 Flex Newsletter
Feb 2008 Flex Newsletter
Jan 2008 Flex Newsletter
For technical difficulties on our web site, please contact 404-463-6700
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