Board of Trustees, General Employees Trust Fundbenefits

Board of Trustees, General Employees Trust Fund's benefits plans covered 13,621 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $675,588. Insurance brokers and agents were paid $187,278 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.7% of premiums. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay.