This bill provides that the State must pay 100% of certain retired state employees' shares of the premiums for Medicare Part B for retirees not eligible for benefits under the United States Social Security Act whose base annual state pension benefit on or after January 1, 2026 is projected to be less than or equal to the maximum amount of the retirement benefits that is subject to the cost-of-living adjustment.

Statutes affected:
Bill Text LD 467, SP 205: 5.285