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Committee advances bill to update state long‑term disability and life insurance benefits
Summary
Senate Bill 22 (first substitute as amended) was favorably recommended by the committee; sponsors said the bill updates long‑term disability (LTD) definitions, aligns benefits with market rates, adjusts life insurance tiers for exempt employees and is funded from premium savings.
Senator Harper presented Senate Bill 22, described as amendments to state employment benefits that update long‑term disability (LTD) definitions, eligibility rules and death‑benefit compensation.
The sponsor and agency staff said the bill clarifies definitions of gainful employment, monthly compensation and regular monthly salary, aligns LTD replacement rates…
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