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1999 SESSION
SB 955 State retirees health benefits program.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
State retirees health benefits program. Allows any former state employee, who is eligible to receive VRS annuity payments, to participate in the state retiree health benefits program upon leaving state service without starting to receive the retirement payments if the employee was involuntarily separated from state service. Currently, state retirees who do not elect to participate in the state health plan within 31 days of the effective date of retirement are thereafter barred from participating in the retiree health benefits program. Any state retiree who is receiving retirement benefit payments and participating in the retirees health benefits program on July 1, 1999, may make an election, by September 1, 1999, to continue participating in the health benefits program but defer further retirement benefit payments, or to defer continued participation in the health benefits program and receipt of retirement benefit payments, until a later date. Technical and clarifying changes are made to the provisions relating to the health insurance credit for state retirees.
SUMMARY AS INTRODUCED:
State retirees health benefits program. Allows any former state employee, who is eligible to receive VRS annuity payments, to participate in the state retiree health benefits program upon leaving state service without starting to receive the retirement payments. Currently, state retirees who do not elect to participate in the state health plan within 31 days of the effective date of retirement are thereafter barred from participating in the retiree health benefits program. Any state retiree who is receiving retirement benefit payments and participating in the retirees health benefits program on July 1, 1999, may make an election, by September 1, 1999, to continue participating in the health benefits program but defer further retirement benefit payments, or to defer continued participation in the health benefits program and receipt of retirement benefit payments, until a later date. Technical and clarifying changes are made to the provisions relating to the health insurance credit for state retirees.