Bill > H2789

This bill amends Section 8 of Chapter 32A of the General Laws to clarify the handling of funds for the Group Insurance Commission (GIC) trust fund. Specifically, the bill stipulates that funds appropriated by the legislature, along with contributions from active and retired employees, shall be deposited into the group commission trust fund. The purpose of these deposits is to provide the required insurance coverages offered by the commission. This modification helps ensure a clear and transparent process for financing health insurance and other benefits for public employees by explicitly stating how legislative appropriations and employee contributions will be managed within the trust fund.

Labor and Employment

https://malegislature.gov/Bills/194/H2789