Increases the State's share of retired teacher health insurance premiums.

This bill amends the Maine Revised Statutes to increase the State's contribution to retired teacher health insurance premiums. It sets the State's share at 65% from July 1, 2025, to June 30, 2026, and 70% thereafter. The changes are deemed necessary to ensure the State's financial support for retired teachers' health insurance begins at the start of the next fiscal year.

Increases the State's share of retired teacher health insurance premiums.

This bill amends the Maine Revised Statutes to increase the State's contribution to retired teacher health insurance premiums. It sets the State's share at 65% from July 1, 2025, to June 30, 2026, and 70% thereafter. The changes are deemed necessary to ensure the State's financial support for retired teachers' health insurance begins at the start of the next fiscal year.