[First Reprint]

SENATE, No. 794

 

STATE OF NEW JERSEY

 

INTRODUCED FEBRUARY 15, 1996

 

 

By Senator KOSCO

 

 

An Act concerning State-paid health benefits for certain retirees of the Public Employees' Retirement System and supplementing P.L.1961, c.49 (C.52:14-17.25 et seq.).

 

    Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

    1. From funds appropriated therefor, the State shall pay the premium or periodic charges for the benefits provided to a retired State employee and the dependents of the employee covered under the program, but not including survivors, if 1[, at the time the premiums or charges are paid, the employee is not less than 65 years of age and] the retired employee1 is a veteran 1as defined by subsection p. of section 6 of P.L.1954, c.84 (C.43:15A-6)1 who retired from the Public Employees' Retirement System, P.L.1954, c.84 (C.43:15A-1 et seq.)1,1 on a benefit based on 1at least1 20 1[or more] but less than 251 years of service credited in the retirement system, excepting the employee who elected deferred retirement, 1and has attained 65 years of age,1 and shall also reimburse the retired employee for the employee's premium charges under Part B of the federal medicare program covering the retired employee and the employee's spouse.

 

    2. This act shall take effect immediately and shall be retroactive to January 1, 1[1996] 19941 and apply to State employees who retire on or after that date.

 

 

 

Provides State-paid health benefits for certain retirees of PERS.