00                      CS FOR SENATE BILL NO. 79(STA)                                                                    
01 "An Act waiving payment of premiums for major medical insurance under the defined                                       
02 benefit retirement plan for public employees who are disabled and have at least 20 years                                
03 of credited service as peace officers; and providing for an effective date."                                            
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. AS 39.35.535(c) is amended to read:                                                                   
06            (c)  A benefit recipient may elect major medical insurance coverage in                                       
07       accordance with regulations and under the following conditions:                                                   
08                 (1)  a person, other than a person described in (2) of this subsection                              
09       [DISABLED MEMBER OR A DISABLED MEMBER WHO IS APPOINTED TO                                                         
10       NORMAL RETIREMENT], must pay an amount equal to the full monthly group                                            
11       premium for retiree major medical insurance coverage [IF THE PERSON IS                                            
12                      (A)  YOUNGER THAN 60 YEARS OF AGE AND HAS LESS                                                     
13            THAN                                                                                                         
14                           (i)  25 YEARS OF CREDITED SERVICE AS A                                                        

01                 PEACE OFFICER UNDER AS 39.35.360 AND 39.35.370; OR                                                      
02                           (ii)  30 YEARS OF CREDITED SERVICE UNDER                                                      
03                 AS 39.35.360 AND 39.35.370 THAT IS NOT SERVICE AS A                                                     
04                 PEACE OFFICER; OR                                                                                       
05                      (B)  OF ANY AGE AND HAS LESS THAN 10 YEARS OF                                                      
06            CREDITED SERVICE];                                                                                           
07                 (2)  a person is not required to make premium payments for retiree                                      
08       major medical coverage if the person                                                                              
09                      (A)  is a disabled member;                                                                         
10                      (B)  is a disabled member who is appointed to normal                                               
11            retirement;                                                                                                  
12                      (C)  is 60 years of age or older and has at least 10 years of                                      
13            credited service; or                                                                                         
14                      (D)  has at least                                                                                  
15                           (i)  20 years of credited service as a peace officer                                      
16                 under AS 39.35.360 and 39.35.370 and was disabled after the                                         
17                 person's 19th year of service but before the person's 25th year of                                  
18                 service;                                                                                            
19                           (ii)  25 years of credited service as a peace officer under                               
20                 AS 39.35.360 and 39.35.370; or                                                                          
21                           (iii) [(ii)]  30 years of credited service under                                          
22                 AS 39.35.360 and 39.35.370 not as a peace officer.                                                      
23    * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to                          
24 read:                                                                                                                   
25       RETROACTIVITY. This Act is retroactive to July 1, 2006.                                                           
26    * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).