(a) The peace officer and firefighter survivors' fund is established in the general fund for the purpose of paying medical insurance premiums for an eligible surviving spouse or dependent child of a peace officer or a firefighter. The department may make premium payments from the fund to the medical insurance provider for the former employer of the deceased peace officer or firefighter.
(b) The department shall create the following two separate accounts in the fund:
(1) a state employee survivor account that consists of
(A) appropriations to the account;
(B) donations to the account; and
(2) a municipal employee survivor account that consists of
(A) municipal contributions under AS 39.60.060;
(B) appropriations to the account; and
(C) donations to the account.
(c) The legislature may appropriate money to the fund. Money in the fund does not lapse.
(d) Money appropriated to the fund may be spent for the purposes of the fund without further appropriation.
(e) Nothing in this section creates a dedicated fund.
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