123rd MAINE LEGISLATURE
		LD 154		LR 701(02)
	An Act To Provide Reinstatement of Group Life Insurance for Public Employees Returning from Unpaid Military Leave
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: State and Local Government
	Fiscal Note Required: Yes
Fiscal Note
Minor cost increase - General Fund
Fiscal Detail and Notes
	Allowing group life insurance to be reinstated for public employees returning from unpaid military leave without the employees' having to provide evidence of insurability may result in increased costs to the Group Life Insurance program administered by the Maine State Retirement System.  The impact can not be determined at this time and will depend on the number of participants for whom reinstatement of coverage would be automatic who otherwise would have been found to be uninsurable through the insurability process and to whom the System would pay a death claim that otherwise would not be paid.  However, this provision is not expected to have an adverse impact of the overall experience of the Group Life Insurance program.