Senate Bill sb1374

    Florida Senate - 2006                                  SB 1374

    By Senator Fasano





    11-600-06

  1                      A bill to be entitled

  2         An act relating to retirement benefits;

  3         amending s. 112.0801, F.S.; providing a

  4         definition of the term "retiree" for purposes

  5         of determining when retired employees of county

  6         constitutional officers are eligible to

  7         participate in group insurance; providing an

  8         effective date.

  9  

10  Be It Enacted by the Legislature of the State of Florida:

11  

12         Section 1.  Section 112.0801, Florida Statutes, is

13  amended to read:

14         112.0801  Group insurance; participation by retired

15  employees.--

16         (1)  Any state agency, county, municipality, special

17  district, community college, or district school board that

18  which provides life, health, accident, hospitalization, or

19  annuity insurance, or all of any kinds of such insurance, for

20  its officers and employees and their dependents upon a group

21  insurance plan or self-insurance plan shall allow all former

22  personnel who have retired prior to October 1, 1987, as well

23  as those who retire on or after such date, and their eligible

24  dependents, the option of continuing to participate in such

25  group insurance plan or self-insurance plan.  Retirees and

26  their eligible dependents shall be offered the same health and

27  hospitalization insurance coverage as is offered to active

28  employees at a premium cost of no more than the premium cost

29  applicable to active employees.  For the retired employees and

30  their eligible dependents, the cost of any such continued

31  participation in any type of plan or any of the cost thereof

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2006                                  SB 1374
    11-600-06




 1  may be paid by the employer or by the retired employees.  To

 2  determine health and hospitalization plan costs, the employer

 3  shall commingle the claims experience of the retiree group

 4  with the claims experience of the active employees; and, for

 5  other types of coverage, the employer may commingle the claims

 6  experience of the retiree group with the claims experience of

 7  active employees. Retirees covered under Medicare may be

 8  experience-rated separately from the retirees not covered by

 9  Medicare and from active employees, provided that the total

10  premium does not exceed that of the active group and coverage

11  is basically the same as for the active group.

12         (2)  With regard to employees of county constitutional

13  officers, for the purpose of determining eligibility to

14  participate in group insurance under this section, the term

15  "retiree" means an employee of a county constitutional officer

16  who has attained his or her normal retirement date and retired

17  under the system, who was insured under the employer's group

18  health insurance plan at the time of retirement, and who

19  immediately began receiving retirement benefits upon

20  retirement. An employee who does not elect to continue

21  coverage as provided in this section or who terminates

22  coverage is not eligible to reenter the employer's group

23  health plan at a later date unless subsequently reemployed by

24  the employer.

25         Section 2.  This act shall take effect October 1, 2006.

26  

27            *****************************************

28                          SENATE SUMMARY

29    Defines the term "retiree" for the purpose of determining
      which retired employees of county constitutional officers
30    are eligible to participate in group insurance.

31  

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CODING: Words stricken are deletions; words underlined are additions.