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Committee clarifies retiree eligibility for State and Public School Life and Health Insurance Program
Summary
HB 1327 renames and clarifies eligibility rules for the State and Public School Life and Health Insurance Program: participants must be vested in a retirement system and generally have five years of participation before retiring, with a one-day exception for employees employed before February; the bill passed the committee.
Grant Wallace, director of the Employee Benefits Division, told the committee House Bill 1327 would change the program name to the State and Public School Life and Health Insurance Program and clarify statutory eligibility rules for retirees.
"There are 2 main requirements and this bill is trying to clarify and put in statute specific requirements so there are no questions on who qualifies and how you get to participate in this program. Number 1,…
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