145-4-08. Eligibility for health care coverage for years of employer contributions in traditional pension and combined plans

For purposes of determining eligibility for health care coverage and the monthly health care allowance, the public employees retirement system shall aggregate years of employer contributions earned and purchased in both the traditional pension plan and the combined plan if both of the following apply:

(A) The member is eligible to retire independently from both the traditional pension plan and the combined plan;

(B) The member applies for retirement under both the traditional pension plan and the combined plan with the same effective date of benefits under both plans.

Replaces: 145-4-22

Five Year Review (FYR) Dates: 10/10/2018 and 09/29/2023
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.58, 145.82
Prior Effective Dates: 01/01/2007, 01/01/2015, 01/01/2016

Prior History: (Effective: 1/1/2016
Five Year Review (FYR) Dates: 09/29/2018
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.58, 145.82
Prior Effective Dates: 1/1/07, 1/1/15)