CSSB 79(STA): "An Act waiving payment of premiums for major medical insurance under the defined benefit retirement plan for public employees who are disabled and have at least 20 years of credited service as peace officers; and providing for an effective date."
00 CS FOR SENATE BILL NO. 79(STA) 01 "An Act waiving payment of premiums for major medical insurance under the defined 02 benefit retirement plan for public employees who are disabled and have at least 20 years 03 of credited service as peace officers; and providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 39.35.535(c) is amended to read: 06 (c) A benefit recipient may elect major medical insurance coverage in 07 accordance with regulations and under the following conditions: 08 (1) a person, other than a person described in (2) of this subsection 09 [DISABLED MEMBER OR A DISABLED MEMBER WHO IS APPOINTED TO 10 NORMAL RETIREMENT], must pay an amount equal to the full monthly group 11 premium for retiree major medical insurance coverage [IF THE PERSON IS 12 (A) YOUNGER THAN 60 YEARS OF AGE AND HAS LESS 13 THAN 14 (i) 25 YEARS OF CREDITED SERVICE AS A
01 PEACE OFFICER UNDER AS 39.35.360 AND 39.35.370; OR 02 (ii) 30 YEARS OF CREDITED SERVICE UNDER 03 AS 39.35.360 AND 39.35.370 THAT IS NOT SERVICE AS A 04 PEACE OFFICER; OR 05 (B) OF ANY AGE AND HAS LESS THAN 10 YEARS OF 06 CREDITED SERVICE]; 07 (2) a person is not required to make premium payments for retiree 08 major medical coverage if the person 09 (A) is a disabled member; 10 (B) is a disabled member who is appointed to normal 11 retirement; 12 (C) is 60 years of age or older and has at least 10 years of 13 credited service; or 14 (D) has at least 15 (i) 20 years of credited service as a peace officer 16 under AS 39.35.360 and 39.35.370 and was disabled after the 17 person's 19th year of service but before the person's 25th year of 18 service; 19 (ii) 25 years of credited service as a peace officer under 20 AS 39.35.360 and 39.35.370; or 21 (iii) [(ii)] 30 years of credited service under 22 AS 39.35.360 and 39.35.370 not as a peace officer. 23 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 24 read: 25 RETROACTIVITY. This Act is retroactive to July 1, 2006. 26 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).