- Health Insurance
- Deferred Compensation
- Dental Insurance
- Life Insurance
- Flexible Spending
- Section 125
- Direct Deposit
- New England College of Business
- Tuition Benefits
- Special Discounts
- Wellness Initiatives
- Vested Retirement Benefits
GIC Benefit Decision Guide - 2016-2017
Employee Enrollment/Change Forms
- Change Form 3 - Update your GIC information (PDF)
- Cobra application FY17 (PDF)
- Dependent 19 to 26 Form (PDF)
- Form 1amun - Status Change Form (PDF)
- Form 1mun - Enrollment Change Form (PDF)
- Handicapped Dependent Form (PDF)
- Hipaa Notice of Privacy Practices (PDF)
- Required Documents For GIC Coverage (PDF)
Health and Dental Rate Sheet FY 17
The City offers three Deferred Compensation Plans:
The Commonwealth of Massachusetts 457 Deferred Compensation Plan are administered through the SMART Plan. This plan offers immediate eligibility, convenient payroll deduction with pre-tax dollars and is designed to provide a meaningful supplement to other retirement plans and savings accounts.
The City also offers ICMA-RC which is a private company. They offer 457 plans as well as ROTH IRA’s. You may also borrow against your retirement account and repay your loan through payroll deductions.
We also offer AXA Advisors which offer a high quality retirement plan which offers a wide selection of investment options and strategies for a variety of investor types, from beginner to the most knowledgeable; easy access to transactions and records; personalized enrollment and education assistance; one-on-one service for transitional employees and pre-retirees provided by the financial professional.
The City pays 75% of the premium on the Basic $7,500 term insurance.
The employee pays the full premium (based on group rates) for Supplemental and Dependent Life Insurance. The City’s insurance is for up to five times the employee’s salary with a $130,000 Guaranteed Issue amount for the employee and a $30,000 Guaranteed Issue amount for the employee’s spouse.
Life Insurance Forms
Under this voluntary plan, implemented December 1, 1991, employees may have their medical and dental premiums as well as any flexible spending account contributions deducted before federal and state income taxes are withheld, resulting in savings for the employee.
The City offers direct deposit into your preferred institution’s checking or savings account.
New England College of Business
The City of Framingham has partnered with the New England College of Business to offer 25% tuition savings, with continuous enrollment, to employees and their immediate families. NECB has the lowest tuition among all private four-year colleges in New England.
College Savings Program
The City offers College America; a convenient 529 college savings program with significant tax advantages allowing you to choose between 21 funds offered through American Funds enabling you to design your own college savings portfolio.
The City offers a program through which employees can take advantage of special group rates on Auto, Home, and Renter’s Insurance. Multi-policy discounts are available. Liberty Mutual offers convenient payment plans including EFT, payroll deduction or Direct Billing to your home.
BJ's Wholesale Club
During designated enrollment periods, the City offers discounted membership fees to all employees. The promotional periods will be announced by Human Resources and enrollment will take place in the Human Resources office at the Memorial Building. (This special offer is NOT available online or at BJ’s Wholesale Club locations)
The City offers employees discounted rates on specified new plan agreements as well as discounted rates to existing customers. Employees receive a 15% discount on plans of $34.99 and above. This benefit also includes great savings on new phones and accessories.
The City of Framingham has partnered with NutriSavings as part of our Wellness Initiative. This is free to all benefit eligible employees. All you have to do is enroll in the program. All you have to do is sign up, shop, and collect rewards!
The gym benefit will depend on which health insurance plan you choose. Please see your health insurance plan summary for details.
Vested Retirement Benefits
If you have 10 years or more of service with the City of Framingham and are at least 55 years of age or have at least 20 years of service with the City at any age then you are considered vested for Benefits purposes and can maintain some of your benefits (such as medical, dental, and life insurance) for the rest of your life.