Oversight Agencies
These agencies oversee the retirement and insurance benefits for state, housing and other authorities' employees, retirees, and their survivors and dependents.
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The Group Insurance Commission provides high value health insurance and other benefits to state, housing and certain other authorities' employees, retirees, and their survivors/ dependents. The GIC also provides health-only benefits to participating municipalities' employees, retirees, and their survivors/ dependents.
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The Massachusetts Teachers' Retirement System is the largest of the Commonwealth's 106 contributory retirement systems. They provide retirement, disability and survivor benefits to more than 88,000 active educators and 47,000 retirees.
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The Public Employee Retirement Administration Commission (PERAC) was created for and is dedicated to the oversight, guidance, monitoring, and regulation of the Massachusetts Public Pension Systems.
