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2005 SESSION
SB 1014 Health insurance; increases credits for retired teachers & other school bd. employees, removes cap.
Introduced by: Emmett W. Hanger, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Health insurance credits; teachers and other local school board employees. Increases the monthly health insurance credit to retired teachers from $2.50 to $4.00 for each full year of the retired member's creditable service. The bill also eliminates an overall cap to the credit, and adds all retired full-time, salaried employees of local school boards as recipients to the credit. Under current law, only teachers and certain administrative personnel are included under the Code provision, while all other retired full-time, salaried employees of local school boards receive a credit in the amount of $1.50 for each full year of the retired member's creditable service under a different Code provision for local government employees. The bill is applicable to current and future retirees.
FULL TEXT
HISTORY
- 01/11/05 Senate: Prefiled & ordered printed; offered 01/12/05 053034732
- 01/11/05 Senate: Referred to Committee on Rules
- 01/28/05 Senate: Rereferred from Rules (15-Y 0-N)
- 01/28/05 Senate: Rereferred to Finance
- 02/08/05 Senate: Left in Finance