Filed Under:Health Insurance, Ltci

Missouri Lawmakers Pass Public Retiree LTCI Bill

The Missouri House and the Missouri Senate have given final approval to H.B. 1039, a bill that would retirees in the Missouri Local Government Employees’ Retirement System (LAGERS) deduct either health insurance or long-term care insurance (LTCI) premiums from their retirement allowance.

Missouri statutes normally protect public employees' retirement funds from any kind of attachment or garnishment, except in connection with cases involving matters such as fraud or child support. H.R. 1039 states that a retiree can authorize the LAGERS board to deduct health insurance or LTCI premium payments from the LAGERS retirement allowance.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.