Senate Bill No. 418
               Senate Bill No. 418

              PUBLIC ACT NO. 98-106


AN ACT CONCERNING MINIMUM LIFE INSURANCE FOR STATE
RETIREES.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  1. Subsection (d) of section 5-257 of
the general statutes is repealed and the following
is substituted in lieu thereof:
    (d)  The insurance  of  any  employee  insured
under this section  shall  cease on termination of
employment,  and of  any  member  of  the  General
Assembly at the end of his term of office, subject
to any conversion  privilege provided in the group
life insurance policy or policies. Notwithstanding
anything to the  contrary  in  this  section,  the
amounts of life  insurance  of  insured  employees
retired in accordance with any retirement plan for
state employees shall be as follows: The amount of
life insurance of  an insured employee retired [on
or before December 31, 1954, shall be five hundred
dollars,  the  amount  of  life  insurance  on  an
insured employee retired  on  or  after January 1,
1955, but before  July  1, 1957, shall be one-half
of the amount  for  which the employee was insured
immediately  before  retirement  or  two  thousand
dollars, whichever is less, and the amount of life
insurance of an  insured  employee  retired  on or
after July 1, 1957, but before July 5, 1963, shall
be one-half of  the  amount for which the employee
was   insured   immediately   before   retirement,
provided in no case shall such amount be less than
two thousand dollars  nor more than three thousand
dollars;  the  amount  of  life  insurance  of  an
insured employee who  was retired on or after July
5,  1963,  but  before  July  1,  1967,  shall  be
one-half of the amount of life insurance for which
the  employee  was   insured   immediately  before
retirement, provided in  no case shall such amount
be less than  three thousand dollars nor more than
five thousand dollars;  and  the  amount  of  life
insurance of an insured employee who is retired on
or after July  1,  1967,  shall be one-half of the
amount of life  insurance  for  which the employee
was   insured   immediately   before   retirement,
provided in no case shall such amount be less than
five thousand dollars nor more than seven thousand
five  hundred dollars;  and  the  amount  of  life
insurance of an insured employee who is retired on
or after July  1,  1969]  BEFORE,  ON OR AFTER THE
EFFECTIVE DATE OF  THIS  ACT,  with twenty-five or
more  years  of   state  service,  as  defined  in
subdivision (25) of  section 5-196, or a member of
the General Assembly  who  is  retired on or after
July 1, 1988,  with  twenty-five  or more years of
service, shall be  one-half  of the amount of life
insurance  for  which  the  employee  was  insured
immediately before retirement, provided in no case
shall the amount be less than [seven thousand five
hundred] TEN THOUSAND  dollars,  those  with  less
than twenty-five years  of  service  shall receive
the  proportionate  amount   that  such  years  of
service is to twenty-five years rounded off to the
nearest hundred dollars  of  coverage, except that
the  amount  of   life  insurance  of  an  insured
employee who is  retired on or after July 1, 1982,
under the provisions of section 5-173, AS AMENDED,
shall be one-half  of the amount of life insurance
for which the  employee  was  insured  immediately
before retirement, regardless  of  the  number  of
years of service  by  such  employee.  In  no case
shall a retired employee be required to contribute
to the cost of any such reduced insurance. For the
purposes of this  section,  no  employee  shall be
deemed to be  retired  so  long  as his employment
continues under subsections (b) and (e) of section
5-164, AS AMENDED.
    Sec.  2.  This  act  shall take effect July 1,
1998.

Approved May 22, 1998