Breaking News

GIC Sets Insurance Rates For FY17

OME Prices Drop -7.2%

MARCH 4, 2016: Retirees who are enrolled in the state Group Insurance Commission’s (GIC) Option Medicare Extension (OME) plan received very good news this week – health insurance rates for FY17 will decrease by 7.2%. 

Last year, OME enrollees experienced an increase of 6.5%. Two years ago, the same rates decreased 0.4%.

In addition, the GIC has voted to maintain the same copayments and deductibles that have been in effect for the past year, without any increase.

Progress Continues on WEP Reform

Obama Reignites GPO Debate

MARCH 1, 2016: Association officials joined our Texas counterparts on Monday for a series of meetings in Washington DC aimed at consolidating support for the passage legislation reforming the Social Security Windfall Elimination Provision (WEP).

Florida Gulf Coast Meeting Alert

New Meeting Locations in Largo & Ft. Myers Beach

FEBRUARY 24, 2016: The Association will be on Florida’s Gulf Coast during the week of March 1st for two membership meetings. For longtime members, please note that our meeting location has changed. We will no longer meet in St. Pete, but rather at a new location in Largo, FL.

Members can expect to hear updates on the Social Security Windfall and Offset laws, retiree health insurance, life insurance, veterans benefits and a host of other legislative initiatives.

GIC ANNOUNCES 2016 HEALTH FAIRS

13 Locations Across The State Thru April  

February 12, 2016: Today the Group Insurance Commission announced the schedule for the 2016 Health Fairs. This is an annual practice that the GIC conducts during its open enrollment which this year runs from April 6th to May 4th.

GIC Director Retiring

Mitchell Led Agency For Nearly 29 Years

DECEMBER 21, 2015: At the close of the state Group Insurance Commission’s December meeting, Executive Director Dolores Mitchell stunned the crowded meeting by announcing her retirement. After leading the GIC for nearly 29 years, Mitchell will retire in 2016.

The fifteen-member Commission that governs the GIC will now begin the process of hiring a new executive director.

GIC OME Subscribers: Do Not Opt Out of SilverScript Plan

Only Impacts Certain Medicare Enrollees

NOVEMBER 21, 2015: Members who are insured under the state Group Insurance Commission’s (GIC) Option Medicare Extension (OME) plan will have a new prescription drug provider as of January 1, 2016.

As the GIC and our Association have been reporting for nearly a year, prescription coverage under the OME plan is being transferred SilverScript. Under federal law, retirees must be given the opportunity to “Opt Out” of the new drug plan.

Federal Budget Deal Contains Medicare Fix

Federal Budget Deal Contains Medicare Fix

Warren, Neal, Clark, McGovern and Tsongas Help Protect Retirees

OCTOBER 27, 2015: The federal government is about to come to the aid of public retirees who have been bracing for a major increase in Medicare Part B premiums for 2016.

No Social Security COLA for 2016

Medicare Rates May Increase for Some Retirees

OCTOBER 9, 2015: A flat Consumer Price Index (CPI) means there will be no COLA increase under Social Security for 2016. The CPI-W is the federal standard used to calculate inflation.

Since 1987, a national debate has raged as to whether or not the CPI-W is an accurate gauge for retirees. Many, including our Association, feel a more accurate measure is the CPI-E (Elderly), which looks to inflationary pressures such as healthcare costs that impact retirees on a larger scale.

Join Us! Springfield Area Meeting This Week

On Wednesday, October 7th, our Association will hold its first ever Springfield-Area meeting. The meeting begins at 11:00 AM at the Dante Club in West Springfield. All members are invited to attend. Guests are also welcome.

Dante Club
1198 Memorial Ave.
West Springfield, MA

STATE BOARD BEGINS TO PAY ERIP RETIREES

Work Continues On Remaining Applications

On August 31, approximately 600 former state employees, who retired under the Employee Retirement Incentive Program (ERIP), will be receiving their first pension payment, retroactive to June 30, 2015. According to the ERIP law (Chapter 19, Acts of 2015), the State Retirement Board had 120 days (4 months) from the date of retirement (June 30) to issue pensions to the ERIP retirees.