MS HB538 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Establish A Retirement Medical Benefits Account For State Officers And Employees For The Purpose Of Funding By The Employers On A Pretax Basis Benefits For Sickness, Accident, Hospitalization And Medical Expenses For A Participant And His Or Her Spouse And Dependents After The Participant's Retirement; To Provide That The Department Of Finance And Administration Shall Administer The Account; To Provide That The Participants' Employers Shall Make Contributions Annually To The Account On Behalf Of The Participants; To Provide That The Department Shall Establish A Subaccount For Each Participant; To Provide That The Balance In A Retired Participant's Subaccount May Be Used By The Retired Participant And His Or Her Spouse And Dependents To Pay Premiums For Individual Or Group Health Coverage And Other Health Care Related Expenses; To Provide That The Surviving Spouse Or Dependent Of A Retired Participant May Use Amounts Credited To The Retired Participant To Pay Health Insurance And Other Health Care Related Expenses To The Same Extent And In The Same Manner As The Retired Participant; And For Related Purposes.

Tracking Information

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Title

Retirement medical benefits account; establish for state officers and employees.

Sponsors


History

DateChamberAction
2012-03-06 Died In Committee
2012-02-13 Referred To Appropriations

Mississippi State Sources


Bill Comments

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