The Group Insurance Board has approved changes to the Income Continuation Insurance (ICI) Program that will expand coverage to employees aged 70 and over. This change will go into effect May 1, 2023.
The GIB has approved changes to the ICI Program that will consolidate the separate standard and supplemental coverage levels into a single coverage level in February 2024.
The changes consolidate the separate standard and supplemental coverage levels into a single coverage level. The goal is a simplified program that is easier to understand and administer.
The GIB has approved changes to the ICI Program that will consolidate the separate standard and supplemental coverage levels into a single coverage level in February 2024.
Report
Active Employee /
Board Member /
Local Employer
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the Local Income Continuation Insurance Plan as of December 31, 2007.
Report
Active Employee /
Board Member /
State Employer
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the State Income Continuation Insurance Plan as of December 31, 2007.
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the State Income Continuation Insurance Plan as of December 31, 2020.
Report
Active Employee /
Retiree /
Board Member /
Local Employer
This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the Local Income Continuation Insurance Plan as of December 31, 2020.