121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1107
		An Act To Clarify Eligibility in the Maine State Retirement System Life Insurance Program
		LR 1650(02)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Labor
		Fiscal Note Required: Yes
Fiscal Note
Potential future biennium cost increase - All Funds
Fiscal Detail and Notes
	This bill permits an individual who is covered as a retiree under the Maine State Retirement System group life insurance program to also be covered by that program as an active employee if that retiree becomes reemployed in a position that qualifies for life insurance coverage.  Since this legislation requires the individual to pay the cost for the additional coverage, there is no immediate cost to the Group Life policy.  The impact of this legislation on the long-term costs of the Group Life policy with regards to the additional risks associated with the double coverage can not be determined at this time and will only be known through future experience.