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1999 SESSION

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HB 2479 Sickness and disability program; use of disability credits.

Introduced by: George W. Grayson | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Sickness and disability program; use of disability credits. Provides that disability credits will be used at a rate of one credit per hour necessary to supplement disability payments at 80 percent or 60 percent of creditable compensation in order that the participant receives 100 percent replacement of creditable compensation. For a week in which the employee is receiving compensation at 80 percent, he will use 8 credits, and for a week in which the employee is receiving compensation at 60 percent, he will use 16 credits. This measure applies to state employees participating in the sickness and disability program who have converted their sick leave balances to disability credits.


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