Amend the bill, as and if amended, Part IB, Section 105, PUBLIC EMPLOYEE BENEFIT AUTHORITY, page 513, after line 6, by adding an appropriately numbered new proviso to read:
/ 105.___. (PEBA: Medicare Advantage) From the funds appropriated, the Public Employee Benefit Authority, with participation from the South Carolina Retirees Association, must study and determine the cost savings and the impact on members' benefits that may be realized through the utilization of Medicare Advantage for Medicare-eligible retirees. PEBA shall submit its findings to the Senate Finance Committee and the House Ways and Means Committee no later than September 1, 2014. The study must include, but is not limited to, an assessment of the experience of Georgia and North Carolina with Medicare Advantage, and any substantial reasons why the Authority should not issue a Request for Proposal for a Medicare Advantage program for Medicare-eligible retirees. /
Renumber sections to conform.
Amend sections, totals and title to conform.