- (a) Employees may elect to participate during the open enrollment Option Period prior to the plan year.
- (b) New Hires and employees not previously enrolled may elect to participate during the plan year.
- (c) Employees who have elected to participate may drop the option any time during the plan year. However, once the account has been dropped, the employee may not re-enroll during the same plan year. Any amounts remaining in the account after the option has been dropped are subject to forfeiture pursuant to OAC 260:40-26-10.
- (d) Employees' requests to participate, or drop participation, in Qualified Transportation accounts must be made in a manner and on forms prescribed by the Plan Administrator.
Added at 31 Ok Reg 1358, eff 9-12-14