SENATE BILL NO. 56
AS AMENDED BY SENATE AMENDMENT NO. 1 AND HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 32, TITLE 18 OF THE DELAWARE CODE RELATING TO GROUP LIFE INSURANCE FOR STATE EMPLOYEES.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §3205, Chapter 32, Title 18 of the Delaware Code, by striking the figure "20,000" as the same appears in the first sentence of said section and substituting in lieu thereof the figure "35,000".
Section 2. This Act shall become effective January 1, 1982.
Section 3. Strike §3206, Chapter 32, Title 18 of the Delaware Code in its entirety and insert in lieu thereof the following:
"There shall be a State Group Life Insurance Committee which shall be composed of the following members: Insurance Commissioner, Controller General, Budget Director, Director of State Personnel Office, and the State Treasurer. The Committee shall be empowered to elect its own Chairman and to adopt rules and regulations which it deems necessary for the administration of the program. The Director of Insurance Coverage shall serve as Secretary to the Committee.
After reviewing competitive group plans, the Committee shall elect a Carrier deemed to offer the best plan to satisfy the interests of the State and of its employees in carrying out the intent of this Chapter. Such contract shall be for a uniform term of at least one year, but may be continued automatically at the option of the Group Life Insurance Committee from term to term in accordance with recognized group life insurance practices."
Approved July 7, 1981.