Employee Retirement Incentive Program (ERIP)
On May 4th 2015, Governor Baker signed legislation establishing the Employee Retirement Incentive Program (ERIP). This legislation provides for up to an additional five (5) years of creditable service, or of age, or some combination of both, to allow an employee, who meets the eligibility requirements, to retire from state service.
Eligible employees must submit a completed ERIP application to the State Board of Retirement from May 11, 2015 through June 12, 2015 to participate in this program.
During the application period, the State Board of Retirement will provide counseling to prospective retirees on the available options. The Group Insurance Commission (GIC) will offer counseling at 19 Staniford St., Boston, from 8:45 a.m. to 5 p.m., Monday through Friday, and will have counselors at the State Board of Retirement’s Boston office Tuesday, Wednesday, and Thursday from 11 a.m. to 1 p.m.
The effective ERIP retirement date and last day of work for approved employees will be June 30, 2015.
For more details on the ERIP, including eligibility requirements and application forms, please visit the State Board of Retirement’s ERIP webpage.
You may also read the memo about ERIP from Chief Human Resources Officer, Paul Dietl .
- The GIC provides high value health insurance and other benefits to state employees and retirees (and their survivors and dependents) - as well as providing these benefits to redevelopment, housing, and certain other authorities.
- Find out about plan options if you are GIC-eligible and how to enroll in benefits during annual enrollment, as a new hire, and as a new municipal enrollee. Annual enrollment gives current participants an opportunity to review their options and make changes if desired.
- Here you will find assistance for participating municipalities on selecting and enrolling in health plan benefits. There is also information for non-participating municipalities who are interested in information about joining the Group Insurance Commission.
Here you will find information on what to do when changes occur in your life that may affect your GIC coverage.
Contact us by phone, mail, walk-in appointment, or by using the online contact form.
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