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Replaces everything after the enacting clause. Amends the State Employees Group Insurance Act of 1971. Provides that, beginning July 1, 2011, the Director of Central Management Services shall establish a program of financial incentives to encourage current General Assembly members and annuitants of the General Assembly Retirement System to elect not to participate in the program of health benefits provided under the Act. Specifies that the election by a current member or annuitant not to participate is a one-time irrevocable election. Prohibits the financial incentives provided under the program from exceeding 60% of the average cost of the most affordable State-offered health benefit (as determined by the Director) for which the member or annuitant qualifies. Effective immediately.
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