flexible spending accounts
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health care flexible spending account (health FSA)
The summary plan descriptions (SPD) provides specific details about your benefits, such as eligibility, covered services and participation rules. If there recent updates to the SPD since the last publication date, look for the summary of material modification (SMM) included in the very front of the book.
The documents listed below are called a summary of material modification (SMM). An SMM explains recent updates to your plan that are not yet captured or updated in your summary plan description (SPD) since the last publication date. Be sure to review the SMM for an understanding of important plan updates.
- Active Employees: New mid-year enrollment rules due to COVID-19 (January 1, 2021)
- Terminated Employees: New mid-year enrollment rules due to COVID-19 (January 1, 2021)
- New reimbursable expenses (January 1, 2020)
Special Carryover
- Active Employees: Carryover of 2021 to 2022 January 1, 2022
- Active Employees: Carryover of 2020 to 2021 $550 Limit (October 1, 2020) | Expanded, Updated January 1, 2021
- Terminated Employees: Carryover of 2021 to 2022 January 1, 2022
- Terminated Employees: Carryover of 2020 to 2021 $550 Limit (October 1, 2020) | Expanded, Updated January 1, 2021
Annual Limits
- Annual contribution limit (January 1, 2022)
- Annual contribution limit (January 1, 2021)
Claim Deadline Changes
- Extended 2021 claims deadline (COVID-19) (January 1, 2022)
- Extended 2020 claims deadline (COVID-19) (January 1, 2021)
- Extended 2019 claims deadline (COVID-19) (July 1, 2020)
Other General Plan Changes
- New address for benefits correspondence (June 1, 2020)
- New qualifying life event (January 1, 2019)
- New fee for insufficient funds (January 1, 2019)
dependent day care flexible spending account plan (dependent care FSA)
The summary plan descriptions (SPD) provides specific details about your benefits, such as eligibility, covered services and participation rules. If there recent updates to the SPD since the last publication date, look for the summary of material modification (SMM) included in the very front of the book.
The documents listed below are called a summary of material modification (SMM). An SMM explains recent updates to your plan that are not yet captured or updated in your summary plan description (SPD) since the last publication date. Be sure to review the SMM for an understanding of important plan updates.
- New mid-year enrollment rules due to COVID-19 (January 1, 2021)
- Active Employees: New increased age limit due to COVID-19 (January 1, 2020 - December 31, 2021)
- Terminated Employees: New increased age limit due to COVID-19 (January 1, 2020 - December 31, 2021)
Special Carryover
- Active Employees: Carryover of 2021 to 2022 (January 1, 2022)
- Active Employees: Carryover of 2020 to 2021 (January 1, 2021)
- Terminated Employees: Carryover of 2021 to 2022 (January 1, 2022)
- Terminated Employees: Carryover of 2020 to 2021 (January 1, 2022)
Annual Limits
- Annual contribution limit (January 1, 2022)
- Annual contribution limit (January 1, 2021)
Claim Deadline Changes
- Extended 2021 claims deadline (COVID-19) (January 1, 2022)
- Extended 2020 claims deadline (COVID-19) (January 1, 2021)
- Extended 2019 claims deadline (COVID-19) (July 1, 2020)
Other General Plan Changes
- New address for benefits correspondence (June 1, 2020)
- New qualifying life event (January 1, 2019)
- New fee for insufficient funds (January 1, 2019)
This communication provides only certain highlights about benefit provisions. It is not intended to be a complete explanation. If there are any discrepancies between this communication and the legal plan documents, the legal plan documents will prevail to the extent permitted by law. Oral statements about plan benefits are not binding on Chevron or the applicable plan. Chevron Corporation reserves all rights, for any reason and at any time, to amend, change or terminate these plans or to change or eliminate the company contribution toward the cost of such plans. Such amendments, changes, terminations or eliminations may be applicable without regard to whether someone previously terminated employment with Chevron or previously was subject to a grandfathering provision. Unless required by applicable law, there are no vested rights with respect to any Chevron health and welfare plan benefit or to any company contributions towards the cost of such health and welfare plan benefits. Some benefit plans and policies described in this document may be subject to collective bargaining and, therefore, may not apply to union-represented employees.
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