The proposal would use public funds to help cover some employee health premium increases, but the Senate failed to override the governor’s veto.
The proposal would set aside state and other funds to help agencies pay part of health premium increases tied to the bill.
The proposal says the public employees retirement system would use reserve money to cover part of the state's share of related premium increases.
The proposal describes health coverage and member groups in the state employee insurance program, and lets some local governments offer its benefits to permanent employees.
The proposal would set aside state and other funds to help agencies pay part of health premium increases tied to the bill. The Office of Management and Budget would distribute funding authority to state agencies to help pay those costs. The funds would cover only a portion of premium increases related to the bill. The proposed funding covers the two-year period from July 1, 2025, through June 30, 2027.
The proposal states that the public employees retirement system would use money from the health insurance reserve fund to cover part of the state employer share of premium increases tied to the bill. The money would help pay the state's share of health benefit premium increases. The stated amount is estimated, and the system would use only as much as necessary. The stated use would run from the bill's effective date through June 30, 2027.
The proposal describes health coverage and member groups in the state employee insurance program, and allows some local governments to offer program benefits to permanent employees. The provisions concern eligible and retired public employees, and permanent employees of participating political subdivisions. A local government could offer the benefits only if federal law allows it and subject to requirements set by the retirement board. The proposed amendments to these sections would take effect January 1, 2027.
No hearings or votes scheduled.