No, you can spend the Welfare money whenever you like. However, we would like to point out that the situation may vary based on company choices, so we always invite you to confirm this aspect with your company.
As regards the Fringe spending limit, however, this is renewed every fiscal year: regarding the timing of the next renewal, we always invite you to consult your company on this matter.
Should you leave the company, you will be able to spend the Welfare budget until your last working day.