Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2016

Group Insurance Commission




Fiscal Year 2016 Resource Summary ($000)
DEPARTMENT FY 2016
Budgetary
Recommendations
FY 2016
Federal, Trust,
and ISF
FY 2016
Total
Spending
FY 2016
Budgetary
Non-Tax Revenue
Group Insurance Commission 2,184,188 986,746 3,170,935 861,646

View line item language


account description amount
GROUP INSURANCE COMMISSION 3,170,934,565
Budgetary Direct Appropriations 2,184,188,361
Direct Appropriations
1108-5100 Group Insurance Commission 4,732,711
1108-5200 Group Insurance Premium and Plan Costs 1,596,665,738
1108-5350 Retired Governmental Employees Group Insurance Premiums 275,800
1108-5400 Retired Municipal Teachers Group Insurance Premiums 54,095,131
1108-5500 Group Insurance Dental and Vision Benefits 8,654,609

account description amount
Retained Revenues
1108-5201 Municipal Partnership Act Implementation Retained Revenue 2,239,436

account description amount
Section 2E
1599-6152 State Retiree Benefits Trust Fund 432,972,255
1599-6153 OPEB Funding 84,552,681
account description amount
Trust and Other Spending 986,746,204
0612-7723 State Retiree Benefits Trust Fund 432,972,255
1120-2200 Optional Life and Accidental Death and Dismemberment Plans Ins 1,900,000
1120-2500 Group Insurance Commission Assets Held in Trust 547,761,949
1120-3200 Elderly Government Retiree CIC and CIC-OME Rate Stabilization 6,000
1120-3611 Group Insurance Trust Fund 6,000
1120-4200 Retired Municipal Teachers Heath and OME 3,800,000
1120-4300 Retired Municipal Teachers CIC and CIC-OME 200,000
1120-5611 Accumulated Net Interest from Employees' Premiums 100,000


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