Cafeteria Plan

Pampa ISD Cafeteria Plan

The Pampa Independent School District provides all employees with the opportunity to participate in a IRS Section 125 Cafeteria Plan.

The Cafeteria Plan is an employee benefits program designed to take advantage of Section 125 of the Internal Revenue Code. The Cafeteria Plan allows employees to pay certain qualified expenses (such as health insurance premiums, dental, vision, cancer, accident) on a pre-tax basis, thereby reducing their total taxable income and increasing their spendable/take-home income. Funds set aside in Flexible Spending Accounts (FSAs) are not subject to federal, state, or Social Security taxes. On average, employees save from $.25 to $.49 for EVERY dollar they contribute to the FSA.

The Pampa ISD Plan Year is September 1 – August 31.