FlexCash Plan and Tax Advantage Premium Plan

savings

The CSU offers 2 plans that help employees manage their benefit needs and save valuable tax dollars. If an employee has medical and/or dental coverage not offered by the CSU, Medicare, Tricare or California Care the Flexcash plan pays cash in lieu of CSU coverage allowing the employee to receive only the coverage needed. If an employee elects health coverage through CSU, the Tax Advantage Premium Plan (TAPP) allows for the payment of health insurance premiums on a pre-tax basis, reducing federal, state and FICA taxes. TAPP applies to all faculty, staff, MPP, and Confidentials. There is an administrative charge of $0.17 per month to participate in TAPP.

If an employee chooses to participate in Flexcash, the following monthly after-tax are made to the employee:

  • Medical and Dental - $140
  • Medical Only - $128
  • Dental Only - $12

For further questions regarding Flexcash/TAPP please refer to the CSU Website (Requires SJSUOne/CSU login) or to the Flexcash Brochure (.pdf) (Requires SJSUOne/CSU login)