§18701. Long-term disability insurance coverage authorized
The board may offer long-term disability insurance coverage to members and employees who choose not to become members but participate in the defined contribution plan pursuant to section 18801, subsection 1 through their employer and may contract with one or more insurance companies to provide this coverage.
[PL 2017, c. 378, §2 (NEW).]
1.
Premiums.
All premiums and any other amounts due to an insurance company or other 3rd party in connection with coverage under this subchapter must be borne by the covered person, the covered person's employer or both the covered person and the covered person's employer.
[PL 2017, c. 378, §2 (NEW).]
2.
Rules.
The board may adopt rules to implement this subchapter. Rules adopted pursuant to this subsection are routine technical rules pursuant to chapter 375, subchapter 2‑A.
[PL 2017, c. 378, §2 (NEW).]
SECTION HISTORY
PL 2017, c. 378, §2 (NEW).