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1998 SESSION

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SB 303 Health insurance premiums for retired state employees.

Introduced by: Jackson E. Reasor, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Health insurance premiums for retired state employees. Allows retiring state employees to use accrued sick leave and annual leave balances to cover one-half of the cost of the retiree's premium under the state health insurance program. Leave balances can be converted to retiree-only coverage at the rate of one month per two days of leave balance, or family coverage at the rate of one month per three days of leave balance. The other half of the health insurance premium will be covered, to the extent available, by the retiree's health insurance credit.


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