Authorizing and providing for the commissioner of employee relations (DOER) to administer a program of optional long term care insurance coverage for public employees and elected officials and certain family members; specifying certain duties of the commissioner and granting the commissioner certain contracting authority; specifying certain authorized coverages; full cost to be paid by the employee or official; establishing a permanent advisory committee, specifying certain membership requirements and duties; creating the long term care insurance trust fund for the deposit of premiums received from persons enrolled in the program, appropriating money in the fund to the commissioner to pay premiums, claims, refunds and administrative and service costs and requiring investment of money in the fund by the state board of investment (mk)