(a) The board may charge each participating retired member who elects to pay the complementary health premium a one-time setup charge and a monthly maintenance charge, in amounts sufficient to ensure the ongoing support of the program.

(b) All development and administrative costs of the program shall be paid by the participating retired members.

Terms Used In California Government Code 21692

  • complementary health premium: means the additional premium paid by retired members whose health insurance premiums are paid under Section 21264 and whose allowances fall below the premium required to continue the health benefit plan coverage provided by their employers. See California Government Code 21690

(Added by Stats. 2005, Ch. 328, Sec. 20. Effective January 1, 2006.)

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