A. For purposes of this section, "participating employee" means the same as that term is defined in § 51.1-1150.
B. The Board is authorized to develop, implement, and administer a long-term care insurance program for participating employees. The Board may contract for and purchase such long-term care insurance or may self-insure long-term care benefits or may use such other actuarially sound funding necessary to effectuate such long-term care insurance and benefits.
C. Employers of participating employees shall pay to the Board contribution amounts, to be determined by the Board, to provide the Board with such funds as shall be required from time to time to (i) obtain and maintain long-term care insurance and benefits for participating employees and (ii) administer the long-term care insurance program, including providing case management and cost containment programs. Contributions shall be deposited in the Hybrid Retirement Program Disability Insurance Trust Fund established under § 51.1-1183.
2012, cc. 701, 823.
Structure Code of Virginia
Title 51.1 - Pensions, Benefits, and Retirement
Chapter 11.1 - Disability Program for Hybrid Retirement Program Participants
§ 51.1-1151. Sickness and disability program; disability insurance policies
§ 51.1-1152. Additional powers of the Board
§ 51.1-1153. Participation in the program
§ 51.1-1154. Applicability of article
§ 51.1-1155. Short-term disability benefit
§ 51.1-1156. Successive periods of short-term disability
§ 51.1-1157. Long-term disability benefit
§ 51.1-1158. Successive periods of long-term disability
§ 51.1-1159. Adjustments to disability benefits
§ 51.1-1160. Rehabilitation incentive
§ 51.1-1161. Cessation of disability benefits; service retirement
§ 51.1-1162. Applicability of article
§ 51.1-1163. Supplemental short-term disability benefit
§ 51.1-1164. Successive periods of short-term disability
§ 51.1-1165. Supplemental long-term disability benefit
§ 51.1-1166. Successive periods of long-term disability
§ 51.1-1167. Adjustments in supplemental disability benefits
§ 51.1-1168. Rehabilitation incentive
§ 51.1-1169. Cessation of supplemental disability benefits; service retirement
§ 51.1-1170. Coordination of benefits
§ 51.1-1171. Supplemental benefits for catastrophic disability
§ 51.1-1172. Employer contributions during disability absences
§ 51.1-1173. Health insurance coverage during disability absences
§ 51.1-1174. Life and accident insurance coverage during disability absences
§ 51.1-1175. Optional insurance during disability absences
§ 51.1-1176. Exclusions and limitations
§ 51.1-1178. Board authorized to provide long-term care insurance and benefits
§ 51.1-1179. Limitation on coverage
§ 51.1-1180. Keeping records and furnishing information required by Board
§ 51.1-1181. Benefits exempt from process
§ 51.1-1182. Policies to provide for accounting to Board; advance premium deposit reserve