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Budget Summary FY2016

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Group Insurance Commission
Data Current as of:  8/19/2015





HISTORICAL BUDGET LEVELS ($000)
column definitions
ACCOUNT FY2013
GAA
FY2014
GAA
FY2015
GAA
FY2015
Projected
FY2016
GAA
Group Insurance Commission 2,337 4,062 4,276 3,808 4,508
Group Insurance Premium and Plan Costs 1,223,127 1,272,895 1,391,501 1,581,501 1,626,025
Municipal Partnership Act Implementation Retained Revenue 2,018 2,500 2,073 2,073 2,239
Retired Governmental Employees Group Insurance Premiums 356 356 308 308 276
Retired Municipal Teachers Group Insurance Premiums 68,894 61,323 58,007 54,803 53,000
Group Insurance Dental and Vision Benefits 9,683 8,511 8,936 8,936 8,581
State Retiree Benefits Trust Fund 415,042 420,361 420,361 420,361 425,000
TOTAL 1,721,457 1,770,009 1,885,461 2,071,790 2,119,629

* GAA is General Appropriation Act.