Retired state workers in Illinois could start receiving money each month, as long as they’re willing to opt-out of state health care.
The measure advanced in the Illinois House on Monday. Chris Slaby reports.
Retirees with 20 years of service who don’t yet qualify for Medicare have been eligible to get health insurance from the state. And until recently, they didn’t have to pay any premiums.
A law passed last year is about to change that.
Retirees will have to pay toward their insurance, or they can look for health coverage on the open market.
In order to nudge people to go that route, pending legislation would let the state pay them up to $500 a month.
House Majority Leader Barbara Flynn Currie said retirees sometimes have other options for their insurance.
CURRIE: “Maybe your spouse has insurance, maybe you’re working another job and you’ve got health insurance opportunities there.”
Currie said she expects the measure to save Illinois about $37 million a year.
Retirees would have to prove they’re paying for private insurance, and they’d need 20 years with the state to get the full $500.
Those with less time would receive a smaller amount.