LD 705
pg. 1
LD 705 Title Page An Act to Increase the State's Share of Retired Teacher Health Insurance LD 705 Title Page
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LR 1420
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 20-A MRSA §13451, sub-§3, as amended by PL 1997, c. 643, Pt.
OO, §1 and affected by §3, is further amended to read:

 
3. Payment by State. The State shall pay 30% of the retired
teacher members' share of this insurance. Beginning January 1,
2002, the State shall pay 35% of the retired teacher members'
share of this insurance.__Beginning January 1, 2003, the State
shall pay 40% of the retired teacher members' share of this
insurance.

 
SUMMARY

 
This bill increases the State's contribution for health
insurance for retired educators from 30% to 35% beginning January
1, 2002 and from 35% to 40% beginning January 1, 2003.


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