Msrs.state.mn.us

Health Care Savings Plan > Plan Overview Minnesota State …

About the Plan. The Health Care Savings Plan (HCSP), administered by Minnesota State Retirement System (MSRS), is an employer-sponsored program authorized by Minnesota State Statute, 352.98.Employees invest in a tax-free medical savings account while employed by a Minnesota public employer (including a city, state, county, school district, or governmental subdivisions).

Actived: 9 days ago

URL: https://www.msrs.state.mn.us/about-hcsp

HCSP FAQs Minnesota State Retirement System (MSRS)

WEBAm I able to have multiple tax-advantaged medical savings plans? Is there a minimum or maximum contribution limit? If I leave public employment, can the account balance be …

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Forms & Documents > HCSP Minnesota State Retirement System …

WEBHCSP. Beneficiary Designation (pdf) Direct Deposit Agreement (pdf) Personal Information Change (pdf) Reimbursement Request Form (pdf) Letter of Medical Necessity (pdf) …

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Is my HCSP Compatible with a Health Savings Account (HSA)

WEBAre the HCSP and HSA the same plan? Although both are tax-advantaged medical savings accounts, they are different plans. • The HCSP, administered by Minnesota State …

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HCSP Payments Minnesota State Retirement System (MSRS)

WEBOther healthcare-related expenses. Refers to the expenses incurred time-to-time including co-pays, deductibles, eye glasses, hearing aids, etc. See Eligible Medical Expenses …

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Waiver of Participation

WEBApproval notice. For all public employers except the State of Minnesota, a copy of the employee's approval to opt out confirmation letter will be sent to you so appropriate …

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Eligible Medical Expenses Minnesota State Retirement System …

WEBThe HCSP account is used to reimburse medical expenses that occur after you retire, end Minnesota public employment, or are collecting a disability benefit from a Minnesota …

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Documentation of Medical Expenses Minnesota State Retirement …

WEBDocumentation of Medical Expenses. When requesting reimbursement from your HCSP account, you must provide documentation of the medical expense. Requests submitted …

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HCSP Sample Contract Language

WEBExample 3 - Employer Contributions. The <name of employer> has agreed to contribute to the Post Employment Health Care Savings Plan as described below: The <name of …

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Toolbox Minnesota State Retirement System (MSRS)

WEBOverview of MSRS Retirement & Savings Plans. This video is an overview of plans administered by MSRS including the state pension plan, the Minnesota Deferred …

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Reimbursable Health Care Expenses

WEBReimbursable Health Care Expenses • Acupuncture • Alcoholism or drug dependency treatment and treatment centers • Ambulance • Artificial limbs and teeth

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State Employee Retirement Plans Minnesota State Retirement …

WEBThe Health Care Savings Plan (HCSP) is a tax-free medical savings account. You can access your HCSP account balance for reimbursement of eligible health care expenses …

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General Employees RETIREMENT PLAN

WEBGeneral Plan members covered by a Minnesota public pension plan are eligible for the better of two retirement formulas. Under the step formula you receive 1.2% for the frst …

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2024 MSRS Presentation

WEB•Every month that deductions from pay are taken Part-time (<50%) is pro-rated • Workers’ Compensation leave of absence • Leaves of absence, if purchased • Repaid refunds • …

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HCSP Plan Document 8.1.2020

WEBThe Executive Director Minnesota State Retirement System. 60 Empire Drive, Suite 300 St. Paul, MN 55103 651-296-2761. Health Care Savings Plan (HCSP) Great-West Trust …

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About MSRS Minnesota State Retirement System (MSRS)

WEBMinnesota State Retirement System (MSRS) was established by the Legislature in 1929. We administer retirement plans that provide retirement, survivor, and disability benefit …

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Health Care Savings Plan At-A-Glance

WEBCan I opt out of the HCSP? You may opt out if you: • Are eligible for TRICARE retiree insurance benefits • Have a service-connected disability • Are a foreign national who …

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Your Guide to Retirement

WEBState Employees- Minnesota Management & Budget (MMB): 651-355-0100: University of MN Employees - Employee Benefts Offce: 612-624-9090 or 1-800-756-2363

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