Breaking News

GIC INSURANCE PREMIUM COSTS GOING UP

Governor Proposes Higher Employee Contributions

MARCH 5, 2015: Monthly insurance premiums for the 425,000 enrollees of the state’s Group Insurance Commission (GIC) will increase starting in June.

The increase in monthly premiums is the result of higher medical inflation across nearly all GIC plans. Essentially, the price of medical care and prescription drugs is once again on the rise.

Baker Proposes 3% State-Teacher COLA

FY16 Budget Takes Effect July 1, 2015

MARCH 4, 2015: Governor Charlie Baker has included a full 3% COLA for retired state employees and teachers in his FY16 budget proposal filed today. The COLA would be applied to a $13,000 base.

COLAs for local, county, regional and district retirees are established locally and administrated by local retirement systems. At the local level the COLA base ranges from $12,000 to $18,000 – an amount determined by the retirement board and local legislative body.

CVS CareMark Retained by GIC

Reduces Costs by $145m Over Three-Years

FEBRUARY 18, 2015: Following an extensive search process, the state’s Group Insurance Commission (GIC) voted to retain CVS CareMark for at least another three-years beginning July 1, 2015. The Rhode Island-based firm has been the pharmacy benefits manager (PBM) for the GIC’s UniCare plans since 2010.

GIC APPROVES 2016 COPAYMENT & DEDUCTIBLE HIKE

Association Deeply Opposes $60m Cost Shift

FEBRUARY 17, 2015: Over the objections of our Association and union representatives, the Commonwealth’s Group Insurance Commission (GIC) voted to increase copayments and deductibles for Fiscal Year 2016, beginning July 1, 2015.

While this increase marks the first of its kind in more than five years, Association officials strongly oppose what we view as further cost shifting onto the backs of retirees and employees who utilize their insurance benefits.

Association Opposes Increased Copayment & Deductibles

Association Opposes Increased Copayment & Deductibles

GIC Holds Annual Public Hearing

February 4, 2015:  Association officials were present and offered testimony at the state Group Insurance Commission’s (GIC) annual public hearing held today at the State House.

ATTENTION STATE RETIREMENT SYSTEM MEMBERS

ATTENTION STATE RETIREMENT SYSTEM MEMBERS

THERESA MCGOLDRICK ENDORSED FOR STATE RETIREMENT BOARD

Retired state employees who are members will shortly receive a ballot for a very important election. As you know the State Retirement Board has two elected members who serve on staggered three-year terms – Ralph White and Theresa McGoldrick

RETIREMENT SYSTEMS ISSUE 2014 1099

Blizzard May Cause Postal Delays

JANUARY 29, 2015: Tax documents for retired Massachusetts public employees are now in the process of being issued by the 10 retirement systems.

The IRS gives retirement boards (and all employers) through January 30th to issue 1099s to those retirees and surviving spouses who received a retirement allowance in 2014. Some systems have already mailed the forms to retirees. All members should receive their 1099 document by the end of the first week of February.

RETIREE LEGISLATIVE PACKAGE FILED

14 Proposals For 2015-16 Session

JANUARY 16, 2015: The Association has completed the filing process for its 2015-16 Legislative package. Under joint House-Senate rules, the deadline was Friday, January 16, 2015 at 5:00 pm.

All told, fourteen separate bills make up the Association’s proposal for the new session that began on January 7th and lasts through the first Tuesday in January 2017. Bills will shortly be assigned numbers and be assigned to various committees for review.

DISABILITY EARNINGS UPDATE NOW LAW

Legislature & Patrick Act at 11th Hour

JANUARY 8, 2015: Moments before taking his “lone walk” down to the front steps of the State House on his final evening as Governor of Massachusetts, Deval Patrick signed into law our Association’s bill adjusting the outside earnings limits of accidental disability retirees – now Chapter 492, Acts of 2014.

Winter 2015 Association Meetings Approach

Pompano Beach, Tewksbury and St. Petersburg Locations

The Association will be holding its annual winter membership meetings in January and February. Association members are encouraged to attend and welcome to bring a guest. Please note, all Association meetings now begin at 11:00am unless otherwise noted.