Bill Text: CT SB00342 | 2014 | General Assembly | Introduced

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Bill Title: An Act Concerning The Retired Teachers' Health Insurance Premium Account.

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Introduced - Dead) 2014-02-28 - Public Hearing 03/07 [SB00342 Detail]

Download: Connecticut-2014-SB00342-Introduced.html

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General Assembly		Raised Bill No. 342
February Session, 2014		LCO No. 1395
		*01395_______APP*
Referred to Committee on APPROPRIATIONS
Introduced by:
(APP)

AN ACT CONCERNING THE RETIRED TEACHERS' HEALTH INSURANCE PREMIUM ACCOUNT.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (a) of section 10-183t of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2014):

(a) The retirement board shall offer one or more health benefit plans to: Any member receiving retirement benefits or a disability allowance from the system; the spouse or surviving spouse of such member, and a disabled dependent of such member if there is no spouse or surviving spouse, provided such member, spouse, surviving spouse, or disabled dependent is participating in Medicare Part A hospital insurance and Medicare Part B medical insurance. The board may offer one or more basic plans, the cost of which to any such member, spouse, surviving spouse or disabled dependent shall be one-third of the basic plan's premium equivalent, and one or more optional plans, provided such member, spouse, surviving spouse or disabled dependent shall pay one-third of the basic plan's premium equivalent plus the difference in cost between any such basic plans and any such optional plans. The board shall designate those plans which are basic and those plans which are optional for the purpose of determining such cost and the amount to be charged or withheld from benefit payments for such plans. The surviving spouse of a member, or a disabled dependent of a member if there is no surviving spouse, shall not be ineligible for participation in any such plan solely because such surviving spouse or disabled dependent is not receiving benefits from the system. With respect to any person participating in any such plan, the state shall appropriate to the board one-third of the cost of such basic plan or plans, or one-third of the cost of the rate in effect during the fiscal year ending June 30, 1998, whichever is greater. [On and after July 1, 2012, federal reimbursements received by the retirement board under the retiree drug subsidy provisions of Medicare Part D shall be used to offset amounts appropriated by the state to the board pursuant to this subsection.]

This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2014	10-183t(a)

Statement of Purpose:

To restore reimbursements under the retiree drug subsidy provisions of Medicare Part D to the retired teachers' health insurance premium account.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]