DOF – Group Health and Life Insurance Trust Fund Announces Full Funding of Retirees’ Employer Share for FY 2027

The Department of Finance – Group Health & Life Insurance Trust Fund (GHLI) today announced that the employer share of the Group Health and Life Insurance Trust Fund for all eligible retirees will be fully funded for Fiscal Year 2027.

This action ensures continued, uninterrupted support for retiree health and life insurance benefits and reflects the Department’s ongoing commitment to long-term fiscal responsibility and the well-being of the retired workforce. Fully funding the employer share for FY 2027 strengthens the stability of the Trust Fund and protects the benefits retirees rely on.

The Department of Finance will continue to monitor and manage these obligations to maintain transparency and financial sustainability for future years.

For additional information, please contact the GHLI Office at 664-5455/56.