38-857 - Arizona Statutes

38-857. Group health and accident coverage for retired members; payment A. The board shall pay part of the single coverage premium of any group health and accident insurance for each retired member or survivor of the system who receives a pension and who has elected to participate in the coverage provided by section 38-651.01 or 38-782 or any other health and accident insurance coverage provided or administered by a participating employer of the system. The board shall pay up to: 1. One hundred fifty dollars per month for each retired member or survivor of the system who is not eligible for medicare. 2. One hundred dollars per month for each retired member or survivor of the system who is eligible for medicare. B. The board shall pay from assets of the fund part of the family coverage premium of any group health and accident insurance each month for a benefit recipient who elects family coverage and otherwise qualifies for payment pursuant to subsection A of this section. The board shall pay up to: 1. Two hundred sixty dollars per month if the retired member or survivor of the system and one or more dependents are not eligible for medicare. 2. One hundred seventy dollars per month if the retired member or survivor of the system and one or more dependents are eligible for medicare. 3. Two hundred fifteen dollars per month if either: (a) The retired member or survivor of the system is not eligible for medicare and one or more dependents are eligible for medicare. (b) The retired member or survivor of the system is eligible for medicare and one or more dependents are not eligible for medicare. C. The board shall not pay from assets of the fund more than the amount prescribed in this section for a benefit recipient as a member or survivor of the system. D. This section does not apply to a retired member or survivor of the system who is reemployed by this state or a political subdivision of this state and who participates in coverage provided by this state or a political subdivision of this state as an active employee. E. A retired member or survivor of the system may elect to purchase individual health care coverage and receive a payment pursuant to this section through the retired member's employer if that employer assumes the administrative functions associated with the payment, including verification that the payment is used to pay for health insurance coverage if the payment is made to the retired member or survivor of the system.