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The
numbers above represent the incremental differences between the majority and
minority reports. As amended by the
minority, the bill requires participants in the newly created Retired County
and Municipal Law Enforcement Officers and Municipal Firefighters Health
Insurance Program to make contributions for 5 years in order to be eligible
for coverage under the program. The
amendment establishes the contribution, effective January 1, 2007, equal to
2.0% of gross wages. For the purposes
of this fiscal note, it is assumed that all of the estimated 2,900 active law
enforcement officers and firefighters would be required to participate, paying
the 2.0% assessment on an average salary of $30,000. The amendment's premium
subsidy payments toward the cost of health insurance for eligible,
pre-Medicare, retired law enforcement officers and firefighters would not
take effect until January 1, 2012, and would be self-funded by employee
contributions made to the program. |
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