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The
numbers above represent the incremental differences between the majority and
minority reports. As amended by the
minority report, 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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