Get Gic Life Insurance Beneficiary Form 319 2014-2024

If you previously worked less than the minimum required hours for GIC benefits (18.75 hours) and now work at least 18.75 hours; GIC health insurance benefits will begin on the first day of the month following 60 days or two full calendar months from the day you begin working the required hours for benefits.

State Employee Benefits State Employee GIC benefits include non-Medicare health insurance, dental and vision, Long Term Disability (LTD), Life Insurance and Accidental Death & Dismemberment (AD&D), Flexible Spending Accounts (FSAs), and the Mass4YOU Employee Assistance Program (EAP).

If you have any questions, contact the GIC at 617-727-2310. Active state employees click here for Flexible Spending Account enrollment information.

Guaranteed Investment Contract (GIC): Stable value investment contracts (typically a group annuity contract) issued by an insurance company that pays a specified rate of return for a specific period of time, offers book value accounting, typically pays benefits to plan participants, and provides annuities upon request.

The yearly pension is determined by your age at retirement, years of state service, salary and group classification. The maximum pension that can be received is 80% of the average three or five highest consecutive years of salary. You can file for retirement no sooner than 120 days before you plan to retire.

As a retiree you may continue, change, or enroll in health coverage with the GIC, and may enroll in the GIC retiree dental Plan.

You can continue coverage into retirement if you retire within 120 days of your separation date. You can enroll in the CalPERS Health Program if your employer contracts for it and you meet the eligibility requirements. You may also be eligible for Dental & Vision Benefits. Health equity starts with you.

As a retiree you may continue, change, or enroll in health coverage with the GIC, and may enroll in the GIC retiree dental Plan.

Qualifying for a Retirement Benefit For most members, that means you have a minimum of 10 years of full-time creditable service. You would still have to meet the minimum age requirements. The basic formula for a benefit is made up of: Your benefit rate (age at retirement and your group classification)

The receipt of both a Social Security allowance and a Massachusetts public pension may result in the reduction of the amount received from Social Security in most circumstances.

If you previously worked less than the minimum required hours for GIC benefits (18.75 hours) and now work at least 18.75 hours; GIC health insurance benefits will begin on the first day of the month following 60 days or two full calendar months from the day you begin working the required hours for benefits.

State Employee Benefits State Employee GIC benefits include non-Medicare health insurance, dental and vision, Long Term Disability (LTD), Life Insurance and Accidental Death & Dismemberment (AD&D), Flexible Spending Accounts (FSAs), and the Mass4YOU Employee Assistance Program (EAP).

If you have any questions, contact the GIC at 617-727-2310. Active state employees click here for Flexible Spending Account enrollment information.

Guaranteed Investment Contract (GIC): Stable value investment contracts (typically a group annuity contract) issued by an insurance company that pays a specified rate of return for a specific period of time, offers book value accounting, typically pays benefits to plan participants, and provides annuities upon request.

The yearly pension is determined by your age at retirement, years of state service, salary and group classification. The maximum pension that can be received is 80% of the average three or five highest consecutive years of salary. You can file for retirement no sooner than 120 days before you plan to retire.

As a retiree you may continue, change, or enroll in health coverage with the GIC, and may enroll in the GIC retiree dental Plan.

You can continue coverage into retirement if you retire within 120 days of your separation date. You can enroll in the CalPERS Health Program if your employer contracts for it and you meet the eligibility requirements. You may also be eligible for Dental & Vision Benefits. Health equity starts with you.

As a retiree you may continue, change, or enroll in health coverage with the GIC, and may enroll in the GIC retiree dental Plan.

Qualifying for a Retirement Benefit For most members, that means you have a minimum of 10 years of full-time creditable service. You would still have to meet the minimum age requirements. The basic formula for a benefit is made up of: Your benefit rate (age at retirement and your group classification)

The receipt of both a Social Security allowance and a Massachusetts public pension may result in the reduction of the amount received from Social Security in most circumstances.