Committee advances amendment to let PSPRS retirees continue cancer coverage at actuarial rates
The committee approved a strike-everything amendment to House Bill 2689 to let more Public Safety Personnel Retirement System (PSPRS) members continue cancer-insurance coverage after earned-time expires; sponsors said retirees would pay actuarially determined premiums so the PSPRS fund is not tapped.
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A House Special Committee on Public Safety and Law Enforcement on Feb. 18 approved a strike-everything amendment to House Bill 2689 that, sponsors and stakeholders said, would let retirees in the Public Safety Personnel Retirement System continue a long-standing PSPRS cancer-insurance plan by paying actuarially determined premiums.
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