|
SB 748 - This act provides temporary retirement and medical incentives for active employees currently eligible to retire under the Missouri State Employee's Retirement System (MOSERS). The act provides that employees currently eligible to retire will receive medical coverage at the active employee rate, which will then revert to the regular retiree rate after five years or when the retiree becomes eligible for Medicare, whichever occurs first. The medical benefits will be available to any employee currently active on the effective date of this act whose annuity commences on or after May 15, 2006 but no later than August 15, 2006. All of the vacated positions are held to a twenty-five percent rehire limitation, with exceptions for critical, seasonal, or federally-funded positions. The exceptions are defined by rules promulgated by the Office of Administration. This act has an emergency clause. This act is similar to SCS/SB 466 (2005). ALEXA PEARSON
|