Title 5

Reduction of disability retirement benefits as the result of a person's receiving compensation from employment or from disability payments under other laws is governed as follows. [PL 2025, c. 598, §12 (NEW).] 1. Compensation from employment; reduction of benefits required. The a…

1. Requirement. The chief executive officer shall require each person who is the recipient of a disability retirement benefit to submit, each calendar year, a statement of compensation received from any gainful occupation during that year. 2. Failure to submit statement. Failure …

1. Right to reinstatement. If a person who is the recipient of a disability retirement benefit decides that the person is no longer incapacitated and is able to perform the duties of that person's employment position, the employer for whom the person last worked before becoming d…

1. Average final compensation. The service retirement benefit of a person who returns to employment with that person's former employer or any other employer whose employees are covered by this article or chapter 425, subchapter V, article 3‑A, after having been the recipient of a…

Any person entitled to receive a disability retirement benefit under article 3, as in effect immediately before October 1, 1989, may elect to be governed by this article instead of article 3 by making written application to the chief executive officer within 6 months of October 1…

As used in this article, unless the context otherwise indicates, the following terms have the following meanings. [PL 1985, c. 801, §§ 5, 7 (NEW).] 1. Designated beneficiary. "Designated beneficiary" means the beneficiary designated under section 17952. 2. Qualifying member. "Qua…

A qualifying member may designate a beneficiary to receive benefits upon the qualifying member's death by filing a written designation of beneficiary with the chief executive officer. The last designation of any beneficiary revokes all previous designations. In order to be in eff…

Before July 1, 1993, if a qualifying member dies at any time before completing the age and service requirements for service retirement, the payment of ordinary death benefits is governed as follows. Beginning July 1, 1993, if a qualifying member dies before the member's service r…

As used in this article, unless the context otherwise indicates, "qualifying member" means a member who dies as a result of an injury arising out of and in the course of employment as an employee, or a former member receiving a disability retirement benefit who dies as a result o…

The beneficiary of a qualifying member shall receive a benefit in accordance with section 18003.

1. Surviving spouse; no dependent children. If the qualifying member is survived by a spouse and no dependent child, the surviving spouse shall be paid 2/3 of the average final compensation of the qualifying member. 2. Surviving spouse having care of dependent children. If the qu…

All benefits paid under this article shall be paid in equal monthly installments beginning the first month after the death of the qualifying member.

1. Beneficiaries becoming ineligible. When a person sharing benefits under section 18003 ceases to be eligible to receive benefits, the subsequent benefits of the remaining beneficiaries shall be recalculated as if the remaining beneficiaries had been the only beneficiaries to su…

The benefits under this article shall be paid to: [PL 1985, c. 801, §§ 5, 7 (NEW).] 1. Surviving spouse. The surviving spouse until the surviving spouse dies; and 2. Dependent children. The dependent child or dependent children until they die or until they no longer meet the defi…

The board, and only the board, may purchase for the retirement system, from one or more life insurance companies, a policy or policies of life insurance, as defined by Title 24‑A, section 702. [PL 1985, c. 801, §§ 5, 7 (NEW).] 1. Procedure. Proposals for the purchase of insurance…

1. Limitation. All provisions of a policy or policies purchased under section 18051 shall be subject to the limitations of Title 24‑A, sections 2601 to 2628. 2. No reduction of benefits. No provisions of a policy or policies purchased under section 18051 may reduce the benefits g…

The board may promulgate and publish, in accordance with chapter 375, subchapter II, whatever rules are necessary and proper to give effect to the intent, purposes and provisions of this subchapter.

All assets in the group life insurance program may be combined for investment purposes. The assets attributable to employers of state employees, teachers, Legislators and judges who are participants in the group life insurance program may not be combined with the assets attributa…

1. Expenses. All expenses of a group life insurance program shall be reimbursed from premium rate adjustments, dividends or interest earnings on reserves. 2. Report. A report of the activities of the group life insurance program shall be published annually.

1. Availability. Except as provided in subsection 2 or 4, insurance purchased under section 18051 must be made available to the following persons: A. Elective and appointive officers and employees of the State eligible for membership in the State Employee and Teacher Retirement P…

1. Basic insurance. Life insurance and accidental death and dismemberment insurance, referred to as "basic insurance," must be available to all eligible participants. A. Except as provided in paragraph A‑1, the amount of life insurance to be paid upon death is equal to the partic…

Any amount of group life insurance and group accidental death insurance in force on any employee at the date of the employee's death must be paid, upon the establishment of a valid claim, in the following order of precedence. [PL 2009, c. 515, §1 (AMD); PL 2009, c. 515, §3 (AFF).…

1. Employees insured. Each employee shall complete an application for insurance coverage within 31 days of becoming eligible. Each employee who completes an application and is found eligible for basic insurance under this subchapter is insured for the amount of basic coverage app…

Payment of premiums for group life insurance shall be on the basis determined by the board to be actuarially sufficient to pay anticipated claims.

1. Separation from service. The insurance on an employee must terminate upon the employee's separation from service, except as extended by: A. Provisions contained in the policy for waiver of premiums upon total and permanent disability; and [PL 1985, c. 801, §§ 5, 7 (NEW).] B. P…

The board may offer long-term disability insurance coverage to members through their employer and may contract with one or more insurance companies to provide this coverage. [PL 2017, c. 378, §1 (NEW).] 1. Premiums. All premiums and any other amounts due to an insurance company o…