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SALARY REDUCTION PLAN

James G. Beierlein / James E. Van Horn
Professor of Agricultural Economics / Professor of Family Sociology
Agricultural Economics and Rural Sociology
Penn State University

Copyright/Access Information


A Salary Reduction Plan is one of the options available to employers to assist employees in meeting the financial aspects of their child care needs.

In salary reduction plans, popularly called Dependent Care Assistance Plans (DCAPs), the employer and employee agree to reduce the employee's income by a certain amount, which will be placed in a dependent care assistance fund for the employee. In such an agreement, the employee is not taxed on the amount set aside for dependent care assistance, and the employer is subject to neither federal nor state taxes. A tax consultant will be able to offer advice on what is applicable.

The child care services allowed under a dependent care assistance program include care at the parent's home, at another person's home, or at a child care center. The child care program must be either licensed or exempt from license. An employer can provide services at an employer-operated child care center, a community child care center, or a family day care home. The employer also can provide funds to cover any eligible services that the parent might choose. Employer programs that do not involve actual care for the child, such as parent seminars or information and referral services, would not qualify as dependent care assistance programs.

Both of these options originally had tax considerations that made them less attractive to both employers and employees since the Internal Revenue Service could have viewed money spent on a child care program as either increased salary to participating employees or a noncompensatory
business expense of the employer for the general benefit of employees. However, the IRS Code, in Sections 125 and 129, now clarifies and supports these options as forms of child care support.

The Economic Recovery Tax Act of 1981 (Section 129, IRS Code) established child care services as a fringe benefit that is not included in the employee's taxable income. However, the employer's program must qualify as a Dependent Care Assistance Program as described in Section 129 of the Internal Revenue Code.

A DCAP is a written plan of an employer for the exclusive benefit of employees. The employees' rights under the plan must be legally enforceable, and the employer must intend to maintain the plan indefinitely when it is established. Although nondiscrimination guidelines require that the plan cannot discriminate in favor of highly paid employees, the plan can favor low income employees and provide extra subsidies for those parents who have the hardest time covering their child care costs. Employers can exclude employees covered by a collective bargaining agreement as long as child care benefits were negotiated in good faith by the employer with the union. Length of service is not an issue in determining employee eligibility for a DCAP plan. The Internal Revenue Service will not issue regulations on IRC Section 129 but will provide clarification through notices and Revenue rulings.

There are restrictions to the use of salary set aside in a DCAP. At the beginning of a plan year, the employee must agree to have a specific amount of compensation set aside for that year in a DCAP that can be used for eligible child care expenses. The amount can be deducted through regular payroll deductions, but the total to be withheld cannot be increased or decreased during that year. In addition, the employee cannot change or "revoke elections" of the benefit unless there is a change in family status, such as marriage, divorce, death of a spouse or child, etc. Neither can an employee carry over an unused portion of the DCAP to be used in the following year. If all of the monies are not used during the specified year, the employee must forfeit the unused portion. To avoid forfeiting money, the employee should use conservative estimates for child care costs.

The employer should estimate how many employees with dependent care expenses could save money through a salary reduction agreement. If part of the work population are minimum wage or low income employees who would not benefit from a salary reduction agreement, the employer might provide a subsidy to assist these parents with their child care expenses, as well as provide a DCAP, through a salary reduction agreement, for higher income employees. For the DCAP in a salary reduction agreement to comply with regulations for cafeteria plans, key employees cannot choose more than 25 percent of the benefit, as described in IRC Section 416 (i).


ADVANTAGES AND DISADVANTAGES

ADVANTAGES:

- Allows employer to budget expenses.

- Ensures that funds are available to employees to meet their child care expenses.

- Is a good public relations tool and improves employee relations.

- Provides a potential tax advantage for employer and employee.


DISADVANTAGES:

- The "use it or lose it" policy could adversely affect employee.


STEPS IN DEVELOPING THESE PLANS

1. CONDUCT A NEEDS ASSESSMENT

A needs assessment should be conducted among employees to determine the interest in this type of assistance. A sample needs assessment with suggested questions can be found in this file under "Questionnaire." This questionnaire may be copied and distributed among employees as it is written, or changes may be made to reflect the needs and interests of a business.


2. CONSIDER ESTABLISHING A MANAGEMENT-EMPLOYEE COMMITTEE TO HELP PLAN THE PROGRAM OR SERVICE

A joint employee-management committee may be useful in developing the program/service. It can foster a sense of ownership of the program among employees and provide a forum for employees to give input into the design features of the program/service.


3. ENSURE THAT THE SALARY REDUCTION PLAN MEETS LEGAL REQUIREMENTS

Before a Salary Reduction Plan/DCAP is established, certain legal requirements must be met in order for the plan to conform to IRS guidelines. Employers should confer with their legal counsel or tax consultant.


4. DECIDE HOW THE COMPANY WILL FINANCE THE BENEFIT

The following are examples of options that employers have for financing the DCAP allowance:

- By underwriting the cost of the program as an add-on above and beyond an employee's present salary and benefits.

- Through the salary deduction plan discussed above.

- Through a combination of both.

A corporation's legal, tax, and benefits personnel are invaluable resources to utilize in deciding what alternative is best for the company.


5. DECIDE HOW THE COMPANY WILL REIMBURSE BENEFITS

Under the DCAP the company has three options to choose from in establishing a reimbursement system. They are:

- To provide the child care.

- To contract with a third party(s) for child care service for its employees.

- To reimburse employees for child care expenses based on the submission of receipts or canceled checks. The expertise of legal, tax, and benefits consultants will prove useful in determining the most appropriate option of reimbursement.


6. COMMUNICATION TO EMPLOYEES

The law requires that an employer provide employees with reasonable notice of the terms and eligibility of the program. The notice must include a description of the child care tax credit available to them and a statement of circumstances under which the tax credit is more advantageous to the employee than exclusion from taxes under the DCAP. (This becomes an issue when an employee chooses to reduce salary and place that amount into a DCAP.)

The DCAP must also, by law, meet one of two nondiscrimination tests. Employers should ensure that employees are aware of this provision as well. The expertise and advise of the company's legal counsel, tax consultant, and benefits personnel should be sought to ensure that any DCAP meets the nondiscrimination requirements.

Employers should ensure that all employees are informed of this program, using various public information sharing tactics including seminars and meetings, flyers, notices on bulletin boards, articles in the company's newsletters, etc. Human resources and/or personnel staff should be
trained so that they will be fully capable of explaining the program to employees and can answer any questions that may arise.


7. DESIGN AND ESTABLISH A REPORTING MECHANISM

Employers are required by law to report to both the employee and the IRS on the financial aspects of a DCAP. Therefore, a reporting mechanism should be designed that allows an employer to do so quickly and accurately. Reporting requirements may be obtained through the IRS.


TECHNICAL ASSISTANCE NEEDED

As stated before, legal, tax, and benefits consultants should be involved in the establishment of your company's DCAP.

You may want to consult with your local Cooperative Extension Service to help determine child care needs. The Cooperative Extension Service could also present educational programs on child care, parenting, and other work/family-related concerns.


Other people in your community may be consulted in planning a child care assistance option. You should consider: nursery school teachers, director or staff of day care centers, child care Resource and Referral agencies, local Cooperative Extension 4-H agents, retired persons with child development backgrounds, vocational technical schools with child care curriculum, community colleges, and local child care sponsoring agencies (such as a child care council or community action agency).

Catalyst, a New York-based advisory organization that helps corporations foster career development of women, has published a handbook for smaller employers entitled *Flexible Benefits: How to Set Up a Plan When Your Employees Are Complaining, Your Costs Are Rising, and You're Too Busy to Think About It*. You can contact Catalyst at 250 Park Avenue South, New York NY 10003 or call them at 212-777-8900. You can obtain a booklet on DCAP plans, *Summary of Tax Provisions for Employers*, by writing to the Child Care Law Center at 22 Second Street, Fifth Floor, San Francisco, CA 94105 or calling 415-495-5498. There is a charge for each of these publications.



DOCUMENT USE/COPYRIGHT
National Network for Child Care - NNCC. Part of CYFERNET, the National Extension Service Children Youth and Family Educational Research Network. Permission is granted to reproduce these materials in whole or in part for educational purposes only(not for profit beyond the cost of reproduction) provided that the author and Network receive acknowledgment and this notice is included:

Reprinted with permission from the National Network for Child Care - NNCC.
Beierlein, J. G., & Van Horn, J. E. (1991). Child care options for the
90s
. University Park, PA: Penn State University.


Any additions or changes to these materials must be preapproved by the author.

AVAILABLE FROM::
Agricultural Mail Room
Agricultural Administration Building
University Park, PA 16802
PHONE:: (814) 865-5486
FAX:: (814) 865-3103

COPYRIGHT PERMISSION ACCESS
James E. Van Horn
111 Armsby Building
University Park, PA 16802
PHONE:: (814) 865-0455
FAX:: (814) 865-3746
E-MAIL:: jvanhorn@psupen.psu.edu


FORMAT AVAILABLE:: Print - 41 pages
DOCUMENT REVIEW:: Level 2 - Penn State University
DOCUMENT SIZE:: 18K or 5 pages
ENTRY DATE:: June 1995

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