CalPERS FlexElect Program FlexElect Program Health, Dental and Vision Benefits Retirement Benefits Deferred Compensation Program Life Insurance Holidays, Vacation and Other Leave FlexElect is a voluntary benefit program that offers significant tax advantages.
Employees can set up special accounts for certain expenses to be paid on a pretax basis.
The account allows you to pay for planned medical expenses with money deducted from your paycheck before federal, State, and Social Security taxes are deducted. TalkBack to CalPERS . California Public Employees' Retirement System . See Disclaimer .