Section 110-A. Deduction of group plan insurance or medicare premiums from benefits  


Latest version.
  • Notwithstanding anything to the contrary contained in section
      one hundred ten of this act, the comptroller  is  hereby  authorized  to
      deduct  from the retirement allowance of any retired member, such amount
      as the retired member may specify in writing filed with the  comptroller
      for  the  payment  of  any insurance premiums written on the group plan,
      covering only such insurance in which the employer as defined in section
      two of this act contributes, and to transmit the sums so deducted to the
      company carrying such insurance or  its  authorized  represenative.  The
      comptroller   is  further  authorized  to  deduct  from  the  retirement
      allowance of any retired member such amount as the  retired  member  may
      specify  in  writing  filed  with the comptroller for the payment of any
      insurance premiums due  for  medicare,  and  to  transmit  the  sums  so
      deducted  to  the  agency  for  the  federal  government  authorized  to
      administer the medicare program. Any such written authorization  may  be
      withdrawn  by such retired member at any time upon filing notice of such
      withdrawal with the comptroller.