Cafeteria Plan

Sec. 1601.152. CAFETERIA PLAN. (a) The governing board of a system may develop, implement, and administer a cafeteria plan. (b) The governing board may include in the cafeteria plan any benefit that may be included in a cafeteria plan under federal law. (c) The governing board may cooperate and work with and enter into a necessary contract or agreement with an independent and qualified agency, person, or entity to: (1) develop, implement, or administer a cafeteria plan; or (2) assist in those activities. (d) The governing board may adopt an order terminating the cafeteria plan and providing a procedure for the orderly withdrawal of the system and its employees from the cafeteria plan if the governing board determines that a cafeteria plan adopted under this section is no longer advantageous to the system and its employees. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.