SP0550, LD 1651, item 2, Document Text

Amend the bill by striking out all of section 1 and inserting the following:

‘Sec. 1. 5 MRSA §285, sub-§7, ¶L, as enacted by PL 2011, c. 380, Pt. V, §1 and affected by §7, is amended to read:

L. The provisions of paragraphs I and J do not apply to those individuals who are receiving or who have received retirement benefits under section 17907 or section 17929.

Sec. 2. 20-A MRSA §13451, sub-§3, as amended by PL 2011, c. 380, Pt. W, §3 and affected by §5, is further amended to read:

3. Payment by State. The State shall pay a percentage of the retired teacher members' share of this insurance according to the following schedule:

A. Thirty percent until July 1, 2002;

B. Thirty-five percent from July 1, 2002 to July 31, 2003;

C. Forty percent from August 1, 2003 to December 31, 2005; and

D. Forty-five percent after December 31, 2005.

Except for individuals who are receiving or who have received retirement benefits under Title 5, section 17907 or 17192 17929, for a teacher who retires after July 1, 2012, the State shall begin paying the percentage of the retired teacher member's share pursuant to this subsection when the retiree reaches normal retirement age.

For the fiscal years ending June 30, 2012 and June 30, 2013, the State's total cost for retired teachers' health insurance premiums is capped at the fiscal year 2010-11 funding level.’

Amend the bill by relettering or renumbering any nonconsecutive Part letter or section number to read consecutively.

summary

The bill corrects the unanticipated consequences of changes made to the Maine Public Employees Retirement System to specify that disabled state employee retirees who are automatically converted to a regular retirement benefit before normal retirement age are not required to pay 100% of the individual premium for health insurance coverage.

This amendment clarifies that exception and also applies it to teachers and corrects a cross-reference.

SP0550 LD 1651	Second Regular Session - 125th Maine Legislature C "A", Filing Number S-411, Sponsored by		LR 2522 Item 2
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