Modifies reimbursement for certain premium charges under School Employees' Health Benefits Program.

This bill would have modified New Jersey's reimbursement for Medicare premiums under the School Employees' Health Benefits Program. It would have covered Medicare Part B and Part D costs for qualified school retirees (teachers and county college employees with 25+ years of service) and their spouses, excluding income-related surcharges starting January 2025. Retirees hired after 2010 would have paid 1.5% of their monthly retirement allowance (via payroll deduction), with the state covering the remainder. The bill was introduced in the Senate on June 23, 2025, but withdrawn the following day.