AN ACT CONCERNING RETIRED TEACHERS' HEALTH INSURANCE BENEFITS.

HB 5477 restores a state subsidy for retired teachers' health insurance by requiring the state to pay one-third of the monthly premium cost for their Medicare supplement plans. This directly affects retired teachers who previously received this subsidy but lost it due to prior budget changes. The bill amends state law to mandate the state cover one-third of the full premium, effectively restoring a prior benefit. It does not change eligibility or create new coverage but ensures the state contributes to the cost of existing supplemental insurance.