Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2015

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Group Insurance Commission




Fiscal Year 2015 Resource Summary ($000)
DEPARTMENT FY 2015
Budgetary
Recommendations
FY 2015
Federal, Trust,
and ISF
FY 2015
Total
Spending
FY 2015
Budgetary
Non-Tax Revenue
Group Insurance Commission 1,889,503 6,673 1,896,176 778,107

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account description amount
GROUP INSURANCE COMMISSION 1,896,176,223
Budgetary Direct Appropriations 1,889,502,875
Direct Appropriations
1108-5100 Group Insurance Commission 4,509,187
1108-5200 Group Insurance Premium and Plan Costs 1,391,500,896
1108-5350 Retired Governmental Employees Group Insurance Premiums 308,000
1108-5400 Retired Municipal Teachers Group Insurance Premiums 58,006,513
1108-5500 Group Insurance Dental and Vision Benefits 8,936,240

account description amount
Retained Revenues
1108-5201 Municipal Partnership Act Implementation Retained Revenue 2,073,398

account description amount
Section 2E
1599-6152 State Retiree Benefits Trust Fund 424,168,641
account description amount
Trust and Other Spending 6,673,348
1120-2200 Optional Life and Accidental Death and Dismemberment Plans Ins 1,900,000
1120-2611 Employees' Share of the Group Insurance Trust Fund 92,664
1120-3611 Group Insurance Trust Fund 5,851
1120-4200 Retired Municipal Teachers Heath and OME 3,162,832
1120-4300 Retired Municipal Teachers CIC and CIC-OME 175,826
1120-5611 Accumulated Net Interest from Employees' Premiums 1,336,175


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