This is not the official budget document.

Budget Summary FY2017

Group Insurance Commission
Data Current as of:  8/9/2016





FISCAL YEAR 2017 BUDGET TRACKING ($000)
Account  FY2017
House 1
FY2017
House Final
FY2017
Senate Final
FY2017
GAA
Budgetary Direct Appropriations 1,711,452 1,710,327 1,710,078 1,703,947
Direct Appropriations
Group Insurance Commission 4,7524,6274,5084,463
Group Insurance Premium and Plan Costs 1,641,3321,643,1151,643,1151,637,029
Retired Governmental Employees Group Insurance Premiums 276276179179
Retired Municipal Teachers Group Insurance Premiums 54,16051,37751,37751,377
Group Insurance Dental and Vision Benefits 8,6318,6318,6318,631
 
Retained Revenues
Municipal Partnership Act Implementation Retained Revenue 2,3022,3022,2692,269
 
Trust and Other Spending * 687,376 0 0 0
Basic Life and AD&D Insurance Rate Stabilization Reserve 100000
Optional Life and Accidental Death and Dismemberment Plans 1,900000
Group Insurance Commission Assets Held in Trust 680,797000
Elderly Govt Retirees Health and Optional Medicare Rate 50000
Elderly Government Retiree CIC and CIC-OME Rate Stabilization 9000
Group Insurance Trust Fund 20000
Retired Municipal Teachers Optional Life Insurance Rate Stablization 50000
Retired Municipal Teachers Health & OME 4,000000
Retired Municipal Teachers CIC & CIC-OME 225000
Accumulated Net Interest from Employees' Premiums 225000


* The Governor's budget is required to report on all spending by a department: budgetary, federal and trust. Legislative budgets do not report trust spending.