§ 36-12-11. Deductions from salary — Payments by employers.
(a) During any period in which an employee under age sixty-five (65) is insured under
a policy of insurance purchased by the director as authorized in §§ 36-12-6 — 36-12-14, there shall be withheld by the employer from each salary payment of the employee,
as his or her share of the cost of his or her group life and accidental death and
dismemberment insurance, an amount specified in the contract or policy which shall
not exceed the rate of twenty-five cents (25¢) biweekly for each one thousand dollars
($1,000) of his or her group life insurance; provided, that an employee who is paid
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§ 36-12-11. Deductions from salary — Payments by employers.
(a) During any period in which an employee under age sixty-five (65) is insured under
a policy of insurance purchased by the director as authorized in §§ 36-12-6 — 36-12-14, there shall be withheld by the employer from each salary payment of the employee,
as his or her share of the cost of his or her group life and accidental death and
dismemberment insurance, an amount specified in the contract or policy which shall
not exceed the rate of twenty-five cents (25¢) biweekly for each one thousand dollars
($1,000) of his or her group life insurance; provided, that an employee who is paid
on other than a biweekly basis shall have an amount so withheld, determined at a proportionate
rate, which rate shall be adjusted to the nearest cent.
(b) The cost of providing the insurance benefits provided for in §§ 36-12-6 — 36-12-14, together with the cost of administration of the provisions of §§ 36-12-6 — 36-12-14 in excess of the amounts paid by employees therefor, shall be paid by the participating
employers in those proportions and at those times as the director may determine.
(c) The payments shall be made by the participating employers out of appropriations made
therefor, and the general assembly shall annually appropriate those sums to the fund
herein created which may be required during the fiscal year.
(d) The sums withheld from employees and the funds appropriated by participating employers
as provided herein shall be deposited with the general treasurer of the state to the
credit of a fund which is hereby created as the group life insurance fund.
(e) During any period in which an employee is insured under a policy of long term health
care insurance purchased by the director as authorized in § 36-12-6, there shall be withheld by the employer from each salary payment of the employee
as his or her cost of long term care insurance an amount specified in the contract
or policy; provided, that an employee who is paid on other than a biweekly basis shall
have an amount so withheld, determined at a proportionate rate, which rate shall be
adjusted to the nearest cent.