TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE F: EMPLOYEE BENEFITS
CHAPTER I: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 2170 TEACHERS' RETIREMENT INSURANCE PROGRAM
SECTION 2170.220 DETERMINING INSURANCE RATES AND PREMIUMS
Section 2170.220 Determining Insurance Rates and Premiums
The Director of HFS will determine the insurance rates and premiums for TRS Benefit Recipients and TRS Dependent Beneficiaries and present to TRS the rate-setting methodology used to determine the amount of the health care premiums by April 15 of each calendar year. Rates and premiums may be based in part on age and eligibility for federal Medicare coverage. Pursuant to the Act, premiums are based on the plan selected by the Benefit Recipient. The TRS Benefit Recipient shall pay the entire premium for any coverage for a TRS Dependent Beneficiary.
(Source: Amended at 34 Ill. Reg. 838, effective December 31, 2009)