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Group Insurance Commission
| DEPARTMENT | FY 2017 Budgetary Recommendations |
FY 2017 Federal, Trust, and ISF |
FY 2017 Total Spending |
FY 2017 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Group Insurance Commission | 2,161,452 | 687,376 | 2,848,828 | 1,132,805 |
| account | description | amount |
|---|---|---|
| GROUP INSURANCE COMMISSION | 2,848,828,148 | |
| Budgetary Direct Appropriations | 2,161,451,795 | |
| Direct Appropriations | ||
| 1108-5100 | Group Insurance Commission | 4,751,591 |
| 1108-5200 | Group Insurance Premium and Plan Costs | 1,641,331,829 |
| 1108-5350 | Retired Governmental Employees Group Insurance Premiums | 275,800 |
| 1108-5400 | Retired Municipal Teachers Group Insurance Premiums | 54,160,000 |
| 1108-5500 | Group Insurance Dental and Vision Benefits | 8,631,072 |
| account | description | amount |
|---|---|---|
| Retained Revenues | ||
| 1108-5201 | Municipal Partnership Act Implementation Retained Revenue | 2,301,503 |
| account | description | amount |
|---|---|---|
| Section 2E | ||
| 1599-6152 | State Retiree Benefits Trust Fund | 450,000,000 |
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 687,376,353 | |
| 1120-2100 | Basic Life and AD&D Insurance Rate Stabilization Reserve | 100,000 |
| 1120-2200 | Optional Life and Accidental Death and Dismemberment Plans | 1,900,000 |
| 1120-2500 | Group Insurance Commission Assets Held in Trust | 680,797,353 |
| 1120-3100 | Elderly Govt Retirees Health and Optional Medicare Rate | 50,000 |
| 1120-3200 | Elderly Government Retiree CIC and CIC-OME Rate Stabilization | 9,000 |
| 1120-3611 | Group Insurance Trust Fund | 20,000 |
| 1120-4100 | Retired Municipal Teachers Optional Life Insurance Rate Stablization | 50,000 |
| 1120-4200 | Retired Municipal Teachers Health & OME | 4,000,000 |
| 1120-4300 | Retired Municipal Teachers CIC & CIC-OME | 225,000 |
| 1120-5611 | Accumulated Net Interest from Employees' Premiums | 225,000 |
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