122nd MAINE LEGISLATURE
		LD 2092		LR 3148(04)
	An Act to Allow a Second Opportunity for Retired Teachers To Elect To Rejoin the Teacher Group Accident and Sickness and Health Insurance Plan
	Fiscal Note for Senate Amendment "   " to Committee Amendment "   "
	Sponsor: Sen. Rotundo
	Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2005-06	2006-07	2007-08	2008-09
Net Cost (Savings)
	General Fund		$0	$4,373	$6,530	$7,314
Appropriations/Allocations
	General Fund		$0	$4,373	$6,530	$7,314
Fiscal Detail and Notes
	This amendment restricts the provision that allows a teacher who has at least 25 years of creditable service but had their employment terminated prior to retirement because their position was eliminated as a result of the closure of the school where the teacher was employed to have a second opportunity to rejoin the teacher group health plan after retirement to School Administrative District No. 10.
	As amended, this bill includes a General Fund appropriation of $4,373 in fiscal year 2006-07 to the Retired Teachers' Health Insurance program within the Department of Education for the cost associated with the State providing 45% of the cost of the annual premiums for two former employees that have been identified as being eligible under this provision effective September 1, 2006.  Additional General Fund appropriations may be required if other former employees are identified.