SB 1435 (Johnston) – Medicare Premium Payment Program
Authorizes CalSTRS to pay Medicare Part A premiums and certain Medicare Part B fees for specified members of the Defined Benefit Program who retire prior to July 1, 2001. Specifies eligibility criteria for the Medicare Premium Payment Program and permits the Teachers’ Retirement Board to extend eligibility for the program, under certain conditions, to members who retire after July 1, 2001.
- Version: Chaptered (Chapter 1032, Statutes of 2000)
- Sponsor: Teachers’ Retirement Board
- Location: Signed by Governor
- Board Position: Sponsor
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