Last edited by Samuhn
Tuesday, August 4, 2020 | History

2 edition of The commonwealth of Massachusetts employees" and retirees" life insurance plans found in the catalog.

The commonwealth of Massachusetts employees" and retirees" life insurance plans

by Massachusetts. Group Insurance Commission

  • 288 Want to read
  • 6 Currently reading

Published .
Written in English

    Subjects:
  • State Employees,
  • City Employees,
  • Life Insurance,
  • Life Insurance Plans,
  • Retirement,
  • State and Municipal Employees

  • About the Edition

    ...describes the major details of the group term life and accidental death and dismemberment insurance program covering employees and retirees of the Commonwealth and certain political subdivisions; this item was in the BRA collection...

    The Physical Object
    Pagination20 p.; tables; not dated (circa 1986)
    Number of Pages1986
    ID Numbers
    Open LibraryOL24867816M

    The University of Massachusetts System Office offers a voluntary, pre-tax retirement plan to read more University of Massachusetts (a) Retirement Gap Plan. This document provides helpful tips for selecting a health insurance plan through the MA Group read more. HR Direct - Address Change Massachusetts employees have the right to earn and take paid sick leave from read more. Massachusetts Fair Employment laws. Applicants to, and employees of, state and local governments are protected.

    The cost, waiting period and insurance carrier vary based on the employee's job category. Life Insurance The Commonwealth requires $5, of Basic Life Insurance for all active full-time state employees and retirees who have health coverage. Optional life insurance is also offered with a maximum of eight times the employee's salary. UMass Lowell provides health insurance to employees, their spouses and dependents through the Commonwealth of Massachusetts Group Insurance Commission (GIC). Employees may choose from a range of plans. Benefits become effective on the first of the month following 60 calendar days of employment or two calendar months, whichever is shorter.

    The GIC dental and vision plans cover state employees who are not covered by collective bargaining or do not have another dental or vision plan through the Commonwealth. The plans primarily cover managers, legislators, legislative staff, and certain Executive Office staff. Employees of authorities, municipalities, and higher education are not. Retired state employees who have been tobacco-free are eligible for reduced non-smoker optional life insurance rates effective July 1, Tobacco-free means you have not smoked cigarettes, cigars or a pipe, used snuff or chewing tobacco or any nicotine delivery system for the previous 12 months.


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The commonwealth of Massachusetts employees" and retirees" life insurance plans by Massachusetts. Group Insurance Commission Download PDF EPUB FB2

How to pay the premiums for state retiree health and/or life insurance coverage after you retire Premiums will be deducted from your monthly pension. As it frequently takes several months to receive your first pension check, the GIC will bill you directly for the retiree share of premium (20%) until your GIC deductions begin.

The MSRB administers the Massachusetts State Employees' Retirement System (MSERS) for state employees and certain other employees of public entities.

The MSERS is a contributory defined benefit system governed by Massachusetts General Law Chapter The system provides retirement, disability, survivor, and death benefits to its members and their beneficiaries.

Learn about benefits for active and retired state employees. HR Policies This page provides supervisors and staff with access to uniform information related to Human Resource policies in order to assure equitable and consistent application of these policies.

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The commonwealth of Massachusetts employees' and retirees' life insurance plans Item Preview remove-circle The commonwealth of Massachusetts employees' and retirees' life insurance plans by Massachusetts Pages: Internet Archive BookReader The commonwealth of Massachusetts employees' and retirees' life insurance plans.

Mass Retirees Opposes Voucher-Like Scheme. SEPTEMBER For more than a decade, public retirees have found their health insurance benefits under near constant siege by those looking to cut costs and reduce government spending.

Through it all, Mass Retirees has often found itself engaged as the last line of defense against proposed cuts and changes that would negatively impact public.

Search the history of over billion web pages on the Internet. The GIC provides and administers health insurance and other benefits to the Commonwealth's employees and retirees, and their dependents and survivors. We also provide coverage to participating municipalities, Housing and Redevelopment Authorities' personnel as well as to retired municipal employees and teachers in certain governmental units.

The Massachusetts Deferred Compensation SMART Plan is a retirement savings program available for Commonwealth of Massachusetts state and municipal employees. Eligible employees can save and invest before-tax and after-tax dollars through salary deferrals into our wide array of low fee investments options.

MAY 1, The month’s long open enrollment for the state Group Insurance Commission’s (GIC) health and dental insurance plans ends Wednesday, May 1, Open enrollment provides an annual opportunity for thestate and municipal retirees and employees enrolled in the GIC’s insurance plans to make changes to their coverage, including switching insurance carriers.

Founded in the fall ofMass Retirees has served as the lead advocates for all Massachusetts retired public employees for the past 50 years. From the Association’s humble beginnings, our mission has been to represent the interests of all public retirees at the state.

The GIC Retiree Dental Plan is provided through MetLife. You can get reimbursed up to $1, a year for cleanings, fillings, crowns and other dental services. You pay less if you receive care from one ofparticipating dentists nationwide.

You pay more if. % Increase for Popular OME Plan. MARCH 1, On Thursday the state’s Group Insurance Commission (GIC) delivered good news to the more t retirees and surviving spouses insured under its Option Medicare Extension (OME) plan. For Fiscal YearUniCare OME premiums will increase a meager % over the current year.

This is only if the Commonwealth of Massachusetts retirement plan accepts rollovers. IMPORTANT: TIAA doesn't offer loans on Roth accumulations in (b)/(k) plans. The maximum loan amount available to you is calculated based on the total accumulations in. The commonwealth of Massachusetts employees' and retirees' life insurance plans by Massachusetts.

Group Insurance Commission, edition, in English. Massachusetts State Employee Retirement System (MSERS) You are eligible for retirement from the Massachusetts State Employee Retirement System (MSERS) at any age with twenty or more years of state service or at age 55 or 60 (depending on hire date) with 10 or more years of state service.

UniCare is a health benefits company with deep, long-standing roots right here in the Commonwealth of Massachusetts. For over 30 years, we’ve been serving state and municipal employees, retirees and their dependents insured through the Group Insurance Commission (GIC).

Learn more about UniCare. What is the UniCare State Indemnity Plan. The Commonwealth of Massachusetts Group Insurance Commission (GIC) administers both health insurance and other benefits for eligible state employees, dependents and retirees.

Health insurance benefits begin on the first of the month following 60 days from the date of hire, or two calendar months, whichever comes first. Learn about Commonwealth of Massachusetts, including insurance benefits, retirement benefits, and vacation policy.

Benefits information above is provided anonymously by current and former Commonwealth of Massachusetts employees, and may include a summary provided by the employer.

and a retirement plan contribution equal to 10 percent of your monthly wage. (Please see the Long-Term Disability insert in the front pocket for a description of benefits.) Life Insurance benefits are equal to a multiple of your annual earnings, ranging from tobased on your age. (Please see the Life Insurance insert in the.

The cost, waiting period and insurance carrier vary based on the employee’s work group. Life Insurance The Commonwealth provides $5, of Basic Life Insurance for all active eligible state employees and retirees who have health coverage.

Optional life insurance is also available, to a maximum of eight times the employee’s salary.Note: with very few exceptions OBRA retirement funds cannot be withdrawn or rolled out of the plan if you are still employed, or expect to be re-employed, by the Commonwealth.

Contact Empower Retirement directly to discuss exceptions from this federal rule (tel: ).Commonwealth of Massachusetts Employee Benefits.

All the listed benefits are extracted from job descriptions, reviews, and Q&A posted on Indeed. Please contact the employer to understand the benefits connected to a relevant job.4/5().