Committee clarifies retiree eligibility for State and Public School Life and Health Insurance Program
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.
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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.
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