State retirees to receive a $59 million refund
Following a recent court ruling, long-time state retirees will eventually see a more than $59 million refund that had been collected for health insurance premiums following a 2012 law.
Prior to the 2012 law, retired state and university employees, judges and General Assembly members, with at least 20 years of state service, received health care insurance from the state at no cost. However, state budget woes prompted the passage of legislation to rescind this free health coverage. The law allowed the state Dept. of Central Management Services (CMS) to deduct premiums from state retiree pension checks to pay part of their retiree insurance costs.
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