Introducer(s):
Appropriations Committee

Title: AN ACT CONCERNING THE COMMENCING DATE OF BENEFIT PAYMENTS, OPTIONS OF CERTAIN SURVIVING SPOUSES AND HEALTH BENEFIT PLANS UNDER THE TEACHERS' RETIREMENT SYSTEM.

Statement of Purpose: To allow the Teachers' Retirement Board additional time to calculate a retired member's benefit and make payment of such benefit for the first time; to allow the surviving spouse of a member who (1) designated such spouse as the sole beneficiary on the application for retirement filed by such member, and (2) dies after filing such application but before the effective date of such application, to elect either preretirement death benefits or the benefit option selected by the deceased member on such application; and to require any member receiving retirement benefits or a disability allowance from the system, the spouse or surviving spouse of such member, and a disabled dependent of such member if there is no spouse or surviving spouse, to participate in Medicare Part B medical insurance.

Bill History:

03/07/06 REFERRED TO JOINT COMMITTEE ON Appropriations Committee
03/08/06 PUBLIC HEARING 03/13
04/04/06 JOINT FAVORABLE SUBSTITUTE
04/04/06 FILED WITH LEGISLATIVE COMMISSIONERS' OFFICE
04/13/06 REFERRED TO OFFICE OF LEGISLATIVE RESEARCH AND OFFICE OF FISCAL ANALYSIS 04/19/06-5:00 PM
04/20/06 REPORTED OUT OF LEGISLATIVE COMMISSIONERS' OFFICE
04/20/06 FAVORABLE REPORT, TABLED FOR THE CALENDAR, HOUSE
04/20/06 HOUSE CALENDAR NUMBER 390
04/20/06 FILE NUMBER 586