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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.

Retired Governmental Employees Group Insurance Premiums

1108-5350

funding levels adjusted for inflation (CPI)

  • Funding History
  • Proposals
Adjusted for inflation (CPI) NOT adjusted
FY19 Sen $133,635 $133,635
FY18 $130,165 $127,271
FY17 $187,489 $179,411
FY16 $293,573 $275,800
FY15 $330,049 $308,000
FY14 $384,219 $356,000
FY13 $390,192 $356,000
FY12 $378,929 $340,000
FY11 $569,550 $496,458
FY10 $616,335 $526,789
FY09 $840,496 $711,380
FY08 $882,155 $736,327
FY07 $1,112,070 $895,032
FY06 $1,387,655 $1,088,542
FY05 $1,382,080 $1,044,704
FY04 $1,104,249 $810,346
FY03 $1,254,735 $900,907
FY02 $1,671,163 $1,174,041
FY01 $1,832,488 $1,264,977
  • See Changes in Funding
Between and
Funding for Retired Governmental Employees Group Insurance Premiums
85.2%

comparisons adjusted for inflation (CPI)

Notes

  • In FY19, the House and Senate budgets consolidate the funding Group Insurance Premiums for current employees with funding for premiums for retired municipal employees. In addition to the other adjustments MassBudget makes to these line items (see notes), MassBudget shows this funding in the prior year's line item structure to help with year-to-year comparisons.
Adjusted for inflation (CPI) NOT adjusted
FY19 Sen $133,635 $133,635
FY19 SWM $133,635 $133,635
FY19 Hou $133,635 $133,635
FY19 HWM $133,635 $133,635
FY19 Gov $133,635 $133,635
FY18 $130,165 $127,271

Notes

  • In FY19, the House and Senate budgets consolidate the funding Group Insurance Premiums for current employees with funding for premiums for retired municipal employees. In addition to the other adjustments MassBudget makes to these line items (see notes), MassBudget shows this funding in the prior year's line item structure to help with year-to-year comparisons.