Bill Text - SB357 (2010)

Authorizing the judicial retirement plan to deduct a health insurance premium contribution from allowances.


Revision: Dec. 30, 2009, midnight

SB 357-FN – AS INTRODUCED

2010 SESSION

10-2864

10/01

SENATE BILL 357-FN

AN ACT authorizing the judicial retirement plan to deduct a health insurance premium contribution from allowances.

SPONSORS: Sen. Reynolds, Dist 2

COMMITTEE: Executive Departments and Administration

ANALYSIS

This bill allows the judicial retirement plan to deduct a health insurance premium contribution from monthly retirement allowances of retired judges and spouses.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

10-2864

10/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT authorizing the judicial retirement plan to deduct a health insurance premium contribution from allowances.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Judicial Retirement Plan; Retiree and Spouse Health Insurance Premium Contribution. Amend RSA 100-C by inserting after section 11 the following new section:

100-C:11-a Retiree and Spouse Health Insurance Premium Contribution. The judicial retirement plan shall deduct from the monthly retirement allowance of retired judges and spouses under the age of 65 years receiving medical and surgical benefits, the premium contribution amounts of $65 per month for each such retiree and $65 per month for each applicable spouse; provided that the charge to each household shall not exceed $130 per month. Deducted amounts shall be used to pay for plan retiree and spouse health care expenses and any administrative costs related thereto. In the event the retiree’s monthly allowance is insufficient to cover the certified contribution amount, the retirement plan shall invoice and collect from the retiree the remaining contribution amount.

2 Effective Date. This act shall take effect 60 days after its passage.

LBAO

10-2864

12/29/09

SB 357-FN - FISCAL NOTE

AN ACT authorizing the judicial retirement plan to deduct a health insurance premium contribution from allowances.

FISCAL IMPACT:

The Legislative Budget Assistant has determined that this legislation has a total fiscal impact of less than $10,000 in each of the fiscal years 2010 through 2014.