Nevada_Executive_Budget_2013-2015

PEBP - RETIRED EMPLOYEE GROUP INSURANCE
680-1368
PROGRAM DESCRIPTION
The Retired Employee Group Insurance (REGI) budget account provides a centralized collection mechanism for contributions made by each state entity for the benefit of all retired state
employees. These contributions defray a portion of the individual insurance premiums for employees who retire from state government and elect to continue coverage in the state group
insurance plan. The program is funded by payroll assessments to agency budgets and covers all state agencies, boards and commissions, the Judicial Branch, the Legislative Counsel Bureau,
the Public Employees Retirement System, and the Nevada System of Higher Education. Statutory Authority: NRS 287.046.
BASE
Continues funding for group insurance premiums to be paid to the state group insurance plan, administered by the Public Employees' Benefits Program, on behalf of retired employees who
elect to continue coverage in the state group insurance plan.
2011-2012
ACTUAL
2012-2013
WORK
PROGRAM
2013-2014
AGENCY
REQUEST
2013-2014
GOVERNOR
RECOMMENDS
2014-2015
AGENCY
REQUEST
2014-2015
GOVERNOR
RECOMMENDS
RESOURCES:
BALANCE FORWARD FROM PREVIOUS YEAR 4,234,554 360,348 0 0 0 0
BALANCE FORWARD TO NEW YEAR -360,348 0 0 0 0 0
TREASURER'S INTEREST DISTRIB 3,212 61,237 3,212 3,212 3,212 3,212
RECEIPTS/RET EMPLOYEE INS 28,003,118 37,099,997 31,765,359 31,877,324 31,765,359 31,877,324
TOTAL RESOURCES: 31,880,536 37,521,582 31,768,571 31,880,536 31,768,571 31,880,536
EXPENDITURES:
RETIRED EMP GROUP INSURANCE 31,880,536 37,521,582 31,768,571 31,880,536 31,768,571 31,880,536
TOTAL EXPENDITURES: 31,880,536 37,521,582 31,768,571 31,880,536 31,768,571 31,880,536
MAINTENANCE
M101 AGENCY SPECIFIC INFLATION
This request funds inflationary increases specific to the agency. These include fully insured products (HMO, basic life, and long term disability) as well as trend increases for all self-funded
benefits.
2011-2012
ACTUAL
2012-2013
WORK
PROGRAM
2013-2014
AGENCY
REQUEST
2013-2014
GOVERNOR
RECOMMENDS
2014-2015
AGENCY
REQUEST
2014-2015
GOVERNOR
RECOMMENDS
RESOURCES:
RECEIPTS/RET EMPLOYEE INS 0 0 4,976,792 5,644,838 9,088,170 10,240,560
TOTAL RESOURCES: 0 0 4,976,792 5,644,838 9,088,170 10,240,560
EXPENDITURES:
RETIRED EMP GROUP INSURANCE 0 0 4,976,792 5,644,838 9,088,170 10,240,560
TOTAL EXPENDITURES: 0 0 4,976,792 5,644,838 9,088,170 10,240,560
PUBLIC EMPLOYEES' BENEFITS PROGRAM PEBP - 20
PUBLIC EMPLOYEES' BENEFITS