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1998 SESSION

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HB 250 Health insurance credits; retired state employees, teachers, etc.

Introduced by: Frank M. Ruff | all patrons    ...    notes | add to my profiles

SUMMARY:

Health insurance credits; retired state employees, retired teachers and retired local government employees. Allows the Virginia Retirement System to determine the method of payment of the health insurance credits for retired state employees, retired teachers and retired local government employees. Retirees who do not participate in an employer-sponsored plan will receive a credit to the same extent as retirees who participate in the employer-sponsored plan. This replaces the reimbursement system currently in place for non-participating employees.


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