Study To Advise How To Pay for Retirees’ Health Benefits

HB 24 – Study of Future Funding for Retiree Health Fund

Primary Sponsors: Rep. Pat Hurley (R – Randolph), Rep. Rena Turner (R – Iredell)

SB 22 – Study of Future Funding for Retiree Health Fund

Primary Sponsors:  Sen. Joyce Krawiec (R – Forsyth), Sen. Chuck Edwards (R – Buncombe)

This bill was filed in both the House and Senate. This bill would establish a joint committee to study the unfunded liability of the retiree health benefit fund. The committee would examine seven different areas that could impact the fund, some include reducing the number of individuals eligible, and increasing the amount that retirees pay for health benefits. This committee would issue a report of its findings and recommendations, including legislation to the 2018 Regular Session of the General Assembly.

House:

This bill was referred to the House Pensions and Retirement Committee on January 1, 2017. A proposed committee substitute was introduced and received a favorable report on March 1, 2017. This bill passed in the House with a vote of 114-0 and will now move to the Senate.

 

Senate:

This bill was referred to the Senate Rules and Operations Committee.

(This bill made the crossover deadline.)

 
 

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