1. Any state employee or retiree who retires pursuant to section 104.404, and who is also eligible for medical coverage as described in section 103.115, shall be eligible to apply for the following coverage:
(1) Such retiree may elect to continue coverage for himself or herself and any eligible
dependents at the same cost as if such retiree was an active employee;
(2) Such retiree may continue to pay the applicable rate as if the retiree were an
active employee for a maximum period of five years or upon becoming eligible for Medicare,
whichever occurs first; and
(3) After five years or upon becoming eligible for Medicare, the cost for medical
coverage for such retiree and any dependents shall revert to the applicable rate in
place at that time.
2. Any employee or retiree of a participating member agency who retires pursuant to
section 104.404 shall only be eligible to have the provisions of subsection 1 of this section applied
to his or her coverage if the governing body of the participating member agency elects
to provide such benefits.
3. The governing boards of Truman State University, Lincoln University, the educational
institutions described in section 174.020, the highway commission that governs the health care plans of the Missouri department
of transportation and the Missouri state highway patrol, and the conservation commission
of the department of conservation may elect to provide its employees or retirees who
retire pursuant to section 104.404 the same benefits as described in subsection 1 of this section under the respective
medical plans of those institutions and departments. If the highway commission elects to provide retirees the benefits of this section,
any special consultant pursuant to section 104.515 who is a member of the Missouri department of transportation and Missouri state highway
patrol medical and life insurance plan and who retired on or after February 1, 2003,
but prior to July 1, 2003, shall be eligible to receive the benefits of this section.
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