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Group Insurance Commission
| DEPARTMENT | FY 2016 Budgetary Recommendations |
FY 2016 Federal, Trust, and ISF |
FY 2016 Total Spending |
FY 2016 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Group Insurance Commission | 2,184,188 | 986,746 | 3,170,935 | 861,646 |
| account | description | amount |
|---|---|---|
| GROUP INSURANCE COMMISSION | 3,170,934,565 | |
| Budgetary Direct Appropriations | 2,184,188,361 | |
| Direct Appropriations | ||
| 1108-5100 | Group Insurance Commission | 4,732,711 |
| 1108-5200 | Group Insurance Premium and Plan Costs | 1,596,665,738 |
| 1108-5350 | Retired Governmental Employees Group Insurance Premiums | 275,800 |
| 1108-5400 | Retired Municipal Teachers Group Insurance Premiums | 54,095,131 |
| 1108-5500 | Group Insurance Dental and Vision Benefits | 8,654,609 |
| account | description | amount |
|---|---|---|
| Retained Revenues | ||
| 1108-5201 | Municipal Partnership Act Implementation Retained Revenue | 2,239,436 |
| account | description | amount |
|---|---|---|
| Section 2E | ||
| 1599-6152 | State Retiree Benefits Trust Fund | 432,972,255 |
| 1599-6153 | OPEB Funding | 84,552,681 |
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 986,746,204 | |
| 0612-7723 | State Retiree Benefits Trust Fund | 432,972,255 |
| 1120-2200 | Optional Life and Accidental Death and Dismemberment Plans Ins | 1,900,000 |
| 1120-2500 | Group Insurance Commission Assets Held in Trust | 547,761,949 |
| 1120-3200 | Elderly Government Retiree CIC and CIC-OME Rate Stabilization | 6,000 |
| 1120-3611 | Group Insurance Trust Fund | 6,000 |
| 1120-4200 | Retired Municipal Teachers Heath and OME | 3,800,000 |
| 1120-4300 | Retired Municipal Teachers CIC and CIC-OME | 200,000 |
| 1120-5611 | Accumulated Net Interest from Employees' Premiums | 100,000 |
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