Okla. Admin. Code § 715:10-23-3

Current through Vol. 42, No. 7, December 16, 2024

Section 715:10-23-3 - Participating education employers not enrolled in the State and Education Employees Group Insurance Plan

In accordance with 74 O.S., Section 1316.3, as amended, Teachers' Retirement will pay a monthly health insurance premium supplement to a participating education employer for all retired members enrolled in an insurance program provided to retired members of the employer, provided the retired member had at least ten (10) years of creditable service prior to retirement. For purposes of this section the following shall apply:

(1) The participating employer must notify Teachers' Retirement that a retired member will remain enrolled in the insurance plan provided by the employer.

(2) Each month Teachers' Retirement will provide the participating employer with a list of all retired members qualifying for the health insurance premium payment and a financial officer authorized by the school shall certify the listing is correct.

(3) Teachers' Retirement will remit payment to the participating education employer upon receipt of the certified statement.

(4) The participating education employer will be responsible for collecting additional premiums and remitting the total premium for each member to the health insurance provider.

(5) The participating education employer shall file with Teachers' Retirement at least once each year the monthly premium charged for the medicare supplement insurance plan provided to retired members of the employer's insurance plan. In the event the medicare supplement premium is modified during the school year, the employer shall notify Teachers' Retirement at least thirty (30) days prior to the effective date of the change.

Okla. Admin. Code § 715:10-23-3

Added at 10 Ok Reg 4829, eff 9-17-93 through 7-14-94 (emergency)¹; Added at 11 Ok Reg 4251, eff 7-25-94; Amended at 21 Ok Reg 3091, eff 8-21-03 through 7-14-04 (emergency)²; Amended at 21 Ok Reg 3099, eff 8-12-04

1This emergency action expired before being superseded by a permanent action. Upon expiration of an emergency action enacting a new Section, the Section is no longer effective. Therefore, on 7-15-94 (after the 7-14-94 expiration of the emergency action), the text of section 715:10-23-3 was no longer effective, and remained as such until added again by permanent action on 7-25-94.

2This emergency action expired before being superseded by a permanent action. Upon expiration of an emergency amendatory action, the last prior permanent text is reinstated. Therefore, on 7-15-04 (after the 7-14-04 expiration of the emergency action), the text of section 715:10-23-3 reverted back to the permanent text that became effective 7-25-94, as was last published in the 2001 Edition of the OAC, and remained as such until amended again by permanent action on 8-12-04.