(Effective November 8, 2016, Subject to Contingencies) Withholdings From Retirement Pay.

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Section 12-17-227.8

(Effective November 8, 2016, subject to contingencies) Withholdings from retirement pay.

(a) Any member who, at the time of his or her retirement is a member of and holds a policy in any state group hospitalization or health insurance plan, may in writing authorize the Secretary-Treasurer of the state retirement system to withhold from his or her retirement pay a sufficient sum or amount to pay the premium on such policy.

(b) The Secretary-Treasurer of the state Employees' Retirement System, when authorized by a retired employee, is hereby authorized to withhold from the retirement pay of such employee a sufficient amount to pay the premium on such policy and remit the same to the insurance carrier.

(Act 2015-498, §26.)


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