Updated on December 30, 2014

Retirement Made Easy

Follow These Steps

Thinking About Retirement

  • Visit or call your Retirement Board to find out about your pension options.
  • Start saving so that you have a cushion between your final paycheck and your first pension benefit payment. 
  • Become familiar with your GIC health, life and Retiree Dental options, available to certain GIC participating municipalities.
    • Review the Answers to Frequently Asked Questions about retirement and Medicare.  These sections outline what benefit options you have at retirement, how your GIC benefits work in conjunction with your pension, and what you need to know about Medicare and your GIC health benefits.
    • Read the GIC Benefit Decision Guide on our website or contact the GIC to have a guide mailed to you to become familiar with your health plan options.
    • Call or visit the GIC to discuss your options: 617.727.2310 ext. 6; 19 Staniford Street, 4th floor, Boston.

Ready for Retirement

Arrange for Your Pension

  • Complete your Retirement Board’s retirement application and return it to your retirement board with any necessary documentation such as birth and marriage certificates.
  • If applicable, contact your Deferred Retirement Plan to file any necessary paperwork.

Take Care of Your Health and Dental Insurance

  • Meet with your GIC Benefits Coordinator or manager to complete paperwork indicating your date of retirement, health, and Retiree Dental elections (participating municipalities only)
  • If you and/or your spouse are age 65 or over, visit Social Security to find out about Medicare and sign up for Medicare Part B if eligible.
  • If you and/or your spouse are age 65 or over and the GIC has been notified by your benefits office about your retirement, contact the GIC about your Medicare health plan options at 617.727.2310 ext. 6.

This information provided by the Group Insurance Commission .