(1)The provisions of this section shall apply
to the health care trust fund for the school, state, local government, and judicial
divisions. After July 1, 1987, the general assembly shall consider the
recommendation of the board and shall approve the premium subsidy that shall be
paid monthly from the health care fund for benefit recipients enrolled in the health
care program. The premium subsidy shall be set without regard to the division from
which the retiree retired. No premium subsidy shall be paid for persons enrolled in
the health care program who are not benefit recipients.
(2)Except as otherwise provided in this section, and unless otherwise
determined by the board through rule-making pursuant to section 24-51-204 (5), on
and after July 1, 2000, the premium subsidy sha
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(1) The provisions of this section shall apply
to the health care trust fund for the school, state, local government, and judicial
divisions. After July 1, 1987, the general assembly shall consider the
recommendation of the board and shall approve the premium subsidy that shall be
paid monthly from the health care fund for benefit recipients enrolled in the health
care program. The premium subsidy shall be set without regard to the division from
which the retiree retired. No premium subsidy shall be paid for persons enrolled in
the health care program who are not benefit recipients.
(2) Except as otherwise provided in this section, and unless otherwise
determined by the board through rule-making pursuant to section 24-51-204 (5), on
and after July 1, 2000, the premium subsidy shall be:
(a) Two hundred thirty dollars per month for benefit recipients who are under
sixty-five years of age and who are not entitled to medicare hospital insurance
benefits provided by the federal Health Insurance for the Aged Act, 42 U.S.C. sec.
1395, as amended.
(b) One hundred fifteen dollars per month for benefit recipients who are
sixty-five years of age or older or who are under sixty-five years of age and entitled
to medicare hospital insurance benefits provided by the federal Health Insurance
for the Aged Act, 42 U.S.C. sec. 1395, as amended.
(3) For benefit recipients whose benefits are based upon less than twenty
years of service credit, the premium subsidy shall be reduced by five percent for
each year of service credit less than twenty years. The service credit used in said
calculation of the amount of the premium subsidy for disability retirees or their
cobeneficiaries shall be the same service credit used in the calculation of the
disability retirement benefit pursuant to the provisions of section 24-51-704. Any
portion of a year equal to or exceeding six months shall be considered a full year
for purposes of the calculations specified in this subsection (3).
(4) The premium subsidy for a benefit recipient who is sixty-five years of age
or older and who is not entitled to medicare hospital insurance benefits provided by
the federal Health Insurance for the Aged Act, 42 U.S.C. sec. 1395, as amended,
shall be an amount which shall ensure that the premium paid by such benefit
recipient is the same amount as the premium paid by a benefit recipient who is
sixty-five years of age or older with the same number of years of service credit, who
is entitled to medicare hospital insurance benefits, and who has selected the same
plan and type of coverage under the health care program.
(5) If the amount of the premium for the health care of a benefit recipient is
less than the amount of the premium subsidy as determined pursuant to the
provisions of this section, the board shall pay the amount of the health-care
premium.
(6) Any member or DPS member who does not have a member contribution
account on December 31, 2009, must earn ten years of service credit with an
affiliated employer other than an employer within the Denver public schools
division in order to qualify, or for any benefit recipient whose benefits are based
upon such members to qualify, for the premium subsidy specified in subsection (4)
of this section. The service credit used in said calculation of the amount of the
premium subsidy specified in subsection (4) of this section for disability retirees or
their cobeneficiaries shall be the same service credit used in said calculation of the
disability retirement benefit pursuant to the provisions of section 24-51-704.
(7) If a supplemental needs trust is receiving benefit payments pursuant to
this article, the supplemental needs trust is not eligible for a premium subsidy;
however, the beneficiary of such trust is eligible for a premium subsidy in the same
manner that the beneficiary would receive a premium subsidy if the beneficiary was
the direct benefit recipient. If the eligibility of the premium subsidy causes the
beneficiary of the supplemental needs trust to be disqualified from receiving public
benefits, the beneficiary is not eligible for such premium subsidy so long as such
condition exists.