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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 GAA $0 $0
FY18 $0 $0
FY17 $0 $0
FY16 $0 $0
FY15 $0 $0
FY14 $0 $0
FY13 $0 $0
FY12 $0 $0
FY11 $0 $0
FY10 $0 $0
FY09 $0 $0
FY08 $0 $0
FY07 $0 $0
FY06 $0 $0
FY05 $0 $0
FY04 $0 $0
FY03 $0 $0
FY02 $0 $0
FY01 $0 $0
  • See Changes in Funding
Between and
Funding for Retired Governmental Employees Group Insurance Premiums
N/A

comparisons adjusted for inflation (CPI)

Notes

  • Starting In FY19, the budget consolidates funding for Group Insurance Premiums for current employees (1108-5200) with funding for premiums for retired municipal employees (1108-5350) and teachers (1108-5400). In addition to the other adjustments MassBudget makes to these line items (see notes), these are grouped together.
  • MassBudget makes an adjustment to the totals in the Group Insurance Commission (GIC) to allow for more accurate across-year comparisons. GIC provides health insurance for certain retired teachers and other retired municipal employees, but these costs are fully reimbursed by municipalities. Similarly, since FY08 cities and towns have been joining the GIC to take advantage of state health plans, and they also reimburse the GIC for these costs. So that the GIC totals do not deceptively appear to show an increase in state costs associated with this fully-reimbursed program expansion, the budget total for Group Insurance Premiums (1108-5200) is reduced by the revenue associated with the municipal reimbursements, and Retired Municipal Teachers (1108-5400), and Retired Governmental Employees (1108-5350) costs which are fully-reimbursed by municipalities are reduced to zero.
Adjusted for inflation (CPI) NOT adjusted
FY19 GAA $0 $0
FY19 Leg $0 $0
FY19 Sen $0 $0
FY19 SWM $0 $0
FY19 Hou $0 $0
FY19 HWM $0 $0
FY19 Gov $0 $0
FY18 $0 $0

Notes

  • Starting In FY19, the budget consolidates funding for Group Insurance Premiums for current employees (1108-5200) with funding for premiums for retired municipal employees (1108-5350) and teachers (1108-5400). In addition to the other adjustments MassBudget makes to these line items (see notes), these are grouped together.
  • MassBudget makes an adjustment to the totals in the Group Insurance Commission (GIC) to allow for more accurate across-year comparisons. GIC provides health insurance for certain retired teachers and other retired municipal employees, but these costs are fully reimbursed by municipalities. Similarly, since FY08 cities and towns have been joining the GIC to take advantage of state health plans, and they also reimburse the GIC for these costs. So that the GIC totals do not deceptively appear to show an increase in state costs associated with this fully-reimbursed program expansion, the budget total for Group Insurance Premiums (1108-5200) is reduced by the revenue associated with the municipal reimbursements, and Retired Municipal Teachers (1108-5400), and Retired Governmental Employees (1108-5350) costs which are fully-reimbursed by municipalities are reduced to zero.