§87A-35  State and county contributions;
employees hired after June 30, 1996, but before July 1, 2001, and retired with
fewer than twenty-five years of service.  (a)  This section shall apply to
state and county contributions to the fund for employees who were hired after
June 30, 1996, but before July 1, 2001, and who retire with fewer than
twenty-five years of credited service, excluding sick leave; provided that this
section shall not apply to the following employees, for whom state and county
contributions shall be made as provided by section 87A-33:



(1)  An employee hired prior to July 1, 1996, who
transfers employment after June 30, 1996, and who cumulatively accrues at least
ten years of credited service; and



(2)  An employee hired prior to July 1, 1996, who has
at least ten years of credited service prior to a break in service.



For the purposes of this section:



"Break in service" means to leave
state or county employment for more than ninety calendar days before returning
to state or county employment.



"Transfer" means to leave state or
county employment and return to state or county employment within ninety
calendar days.



(b)  For purposes of this section, if an
employee leaves state or county employment and returns to state or county
employment after June 30, 1996, upon retirement, the employee's years of
service shall be computed in the same manner as set forth in chapter 88.



(c)  The State, through the department of
budget and finance, and the counties, through their respective departments of finance,
shall pay to the fund:



(1)  For retired employees enrolled in medicare or
non-medicare health benefit plans with ten or more years but fewer than fifteen
years of service, a monthly contribution equal to one-half of the base monthly
contribution set forth under section 87A-33(b); and



(2)  For retired employees enrolled in medicare or
non-medicare health benefit plans with at least fifteen but fewer than
twenty-five years of service, a monthly contribution of seventy-five per cent
of the base monthly contribution set forth under section 87A-33(b).



If both husband and wife are employee-beneficiaries,
the total contribution by the State or county shall not exceed the monthly
contribution for a supplemental medicare family or non-medicare family plan, as
appropriate. [L 2001, c 88, pt of §1; am L 2004, c 184, §1]



 



Note



 



  L 2004, c 184, §3 provides:



  "SECTION 3.  The board of trustees of the employer-union
health benefits trust fund shall establish a process by which public employees
affected by this Act shall be notified of the retirement health benefits
options provided under this Act."