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2004 SESSION

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HB 199 Group life and accident insurance; provisions for state and local employees.

Introduced by: Robert Tata | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Group life and accident insurance for state and local employees. Provides an employee who has at least 20 years of creditable service with life insurance benefits equal to twice the amount of his highest annual salary, and provides a retiree, who retired with at least 20 years of creditable service, and then returns to work in a covered position, with life insurance equal to the greater of twice his highest salary or the amount he would have been eligible for had he remained retired. The bill does not apply to eligible employees who retired or retire on or after July 1, 1999, provided that such employees are alive on or after July 1, 2004.


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