Judi Peaspanen: Research on the ORC regarding our HC
THIS IS HOW THE ORC (
3307-1-22 Health care services
Pursuant to the provisions of sections 3307.74, 3307.33 and 3307.405 of the Revised Code, the state teachers retirement board establishes the following rule:
(A) Benefit recipients are eligible for health care benefits on the following basis:
(1) The state teachers retirement board hereby waives the single rate monthly conventional premium costs for retirants or other primary benefit recipients whose benefits are based on not less than one and one-half years of credit for Ohio service and who are enrolled in the Ohio retirement systems health care plan or such health maintenance organizations as the board may approve.
THIS IS HOW THE
3307-1-22 Health care services
Pursuant to the provisions of sections 3307.74 and 3307.405 of the Revised Code, the state teachers retirement board establishes the following rule:
(A) the state teachers retirement board shall pay all of the single rate monthly premium costs for retirants, or other primary benefit recipients whose benefits are based on not less than one and one-half years of credit for Ohio service and who are enrolled in the Ohio retirement systems health care plan or such health maintenance organizations as the board may approve.
(B) The retirement board shall continue to enroll all eligible dependents, as determined by the retirement board, who elect such coverage.
Actually in my opinion we should have been vested after 1 1/2 years as stated in 1976. It should not be based on when we retired, but rather on when we met the vested rights of Health Care as stated in the Ohio Revised Code in 1976 through 1997. To take this right away would be taking away property rights we already have as, prohibited by the Ohio Constitution.
“In 1997 STRS changed the accounting system : Health care premiums prior to fiscal 1997 were netted against health are costs. Starting in fiscal 1997, health care premiums are reflected as a revenue (earnings) item.” (1998-99 STRS Annual Report)
In 1998 STRS changed the ORC to read:
3307-1-22
Health care services
(A) Benefit recipients are eligible for health care benefits on the following basis:
(1) The state teachers retirement board hereby waives a portion of the single rate monthly conventional premium costs for retirants or other primary benefit recipients whose benefits are based on not less than one and one-half years of credit for Ohio service and who are enrolled in the Ohio retirement systems health care plan or such health maintenance organizations as the board may approve. The portion of the conventional premium to be waived shall be determined by a schedule or formula adopted by the board at least every two years after an assessment of funds available for such purpose.
STRS
More changes after 2000.
Judi
<< Home