Fla. Admin. Code Ann. R. 60S-4.020 - Retiree Health Insurance Subsidy
(1) A
monthly retiree health insurance subsidy shall be paid to each eligible retired
member or beneficiary who is a spouse or financial dependent receiving a
benefit from a state-administered retirement system except as follows:
(a) Persons receiving benefits provided under
sections 121.40,
238.07(16)(a)
and 250.22, F.S., persons receiving
health insurance coverage paid by the state under section
110.1232, F.S., or recipients of
any other special pension or relief act shall not be eligible for such
payments.
(b) Retired participants
of the Senior Management Service Optional Annuity Program as provided in
section 121.055(6),
F.S., or the State University System Optional Retirement Program as provided in
section 121.35, F.S., shall not receive
the subsidy payments.
(2)
Eligible retired members or beneficiaries must make application to the Division
for the Health Insurance Subsidy and certify their health insurance coverage in
accordance with procedures established by the Division in order to receive the
Health Insurance Subsidy. FRS Pension Plan retirees or beneficiaries shall make
application and certify their health insurance coverage to the Division on Form
HIS-1 (Rev. 07/05)
http://www.flrules.org/Gateway/reference.asp?No=Ref-00403,
Florida Retirement System Pension Plan Health Insurance Subsidy Certification
Form, herein adopted by reference, which is mailed to the FRS Pension Retiree's
address of record when placed on retired payroll and may also be obtained from
the Forms page of the Division's website, www.frs.MyFlorida.com, or by calling the
Division Toll Free at (844)377-1888, if calling from outside the Tallahassee
calling area or locally at (850)907-6500, or if hearing or speech impaired by
calling the Division via T.D.D. at the Florida Relay System by dialing 711 or
(800)955-8771. FRS Investment Plan retirees or beneficiaries shall make
application to the Division for the Health Insurance Subsidy on Form HIS-IP,
effective 09/18,
http://www.flrules.org/Gateway/reference.asp?No=Ref-09934,
Florida Retirement System (FRS) Application for Health Insurance Subsidy for
Investment Plan Retirees, herein adopted by reference, and shall certify their
health insurance coverage to the Division on Form HIS-IP-2 (Rev 10/11)
http://www.flrules.org/Gateway/reference.asp?No=Ref-00405,
Florida Retirement System (FRS) Health Insurance Subsidy Certification for
Investment Plan Members, herein adopted by reference. Both of these forms may
be obtained from the Forms page of the Division's website,
www.frs.MyFlorida.com, or by calling
the Division Toll Free at (844)377-1888, if calling from outside the
Tallahassee calling area or locally at (850)907-6500, or if hearing or speech
impaired by calling the Division via T.D.D. at the Florida Relay System by
dialing 711 or (800)955-8771. If the Division receives such application and
certification of health insurance coverage within 6 months after retirement FRS
benefits commence, the Retiree Health Insurance Subsidy may be paid retroactive
up to the effective retirement date. If the Division receives the certification
of insurance coverage 6 or more months after retirement benefits commence, the
member will be eligible to receive retroactive payments for a maximum of 6
months only. Retroactive Retiree Health Insurance Subsidy benefits can only be
paid for the months of certified health insurance coverage.
(3) The Retiree Health Insurance Subsidy
shall be paid to eligible persons by the Division. The amount of the monthly
retiree health insurance subsidy payment shall be equal to the number of years
of creditable service included in the calculation of the member's retirement
benefit multiplied by:
(a) $1, beginning
January 1, 1988, the subsidy amount not to exceed $30, or be less than
$10.
(b) $2, beginning January 1,
1989, the subsidy amount not to exceed $60, or be less than $20.
(c) $3, beginning January 1, 1991, the
subsidy amount not to exceed $90, or be less than $30.
(d) $5, beginning January 1, 1999, the
subsidy amount not to exceed $150, or be less than $50.
(e) $5, beginning July 1, 2001, the subsidy
amount not to exceed $150, or be less than $30.
(4) Contributions shall be made for active
members of state-administered retirement systems as provided in subsection
60S-3.003(7),
F.A.C.
Notes
Rulemaking Authority 112.363(7), 121.031(2) FS. Law Implemented 112.363, 121.031 FS.
New 5-18-88, Amended 11-14-91, Formerly 22B-4.020, Amended 3-18-93, 2-24-99, 4-17-12, 3-25-13, 8-26-14, 12-3-14, 5-29-17, 9-30-18.
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