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shall be permitted to continue coverage in the health insurance program with

payment at the same contribution rates as required of active employees for

the same coverage.
§9.28 Service Requirements/Sick Leave Credit

(a) Employees covered by the State Health Insurance Plan have the right
to retain health insurance after retirement upon completion of ten years of

service.
(b) An employee who is eligible to continue health insurance coverage

upon retirement is entitled to a sick leave credit to be used to defray any
employee contribution toward the cost of the premium. The basic monthly

value of the sick leave credit shall be calculated according to the procedures
in use on March 31, 2007. For employees retiring on or after October 1,

2011, the calculation of sick leave credit shall be based on the actuarial table
Section 41J in effect on October 1, 2011. Employees retiring on or after

January 1, 1989 may elect an alternative method of applying the basic
monthly value of the sick leave credit. Employees selecting the basic sick

leave credit may elect to apply up to 100% of the calculated basic monthly
value of the credit towards defraying the required contribution to the

monthly premium during their own lifetime. If employees who elect that
method predecease their eligible covered dependents, the dependents may

continue to be covered, but must pay the applicable dependent survivor
share of the premium. Employees selecting the alternative method may elect

to apply only up to 70% of the calculated basic monthly value of the credit
toward the monthly premium during their own lifetime. Upon the death of

the employee, however, any eligible surviving dependents may also apply

up to 70% of the basic monthly value of the sick leave credit toward the
dependent survivor share of the monthly premium for the duration of the
dependents' eligibility. The State has the right to make prospective changes

to the percentage of credit to be available under this alternative method for

future retirees as required to maintain the cost neutrality of this feature of
the plan. The selection of the method of sick leave credit application must
be made at the time of retirement, and is irrevocable. In the absence of a

selection by the employee, the basic method shall be applied.

(c) Eligible enrollees who opt-out of NYSHIP coverage pursuant to
Section 9.16 of this Article shall be deemed to be “enrolled” in NYSHIP for

the sole purpose of eligibility for retiree health insurance coverage.

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