Meetings, budgets, and plans from this organization.
Sep 30, 2025·Annual financial report
Public Employees' Individual Retirement Account Fund/Deferred Compensation Plan FY2025
The financial statements for the Public Employees' Individual Retirement Account Fund/Deferred Compensation Plan, a component unit of the State of Alabama, for the fiscal year ended September 30, 2025. It includes the independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, and notes to the financial statements, prepared in accordance with generally accepted accounting principles.
Sep 30, 2025
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Alabama Retired Education Employees' Health Care Trust Financial Statements FY2025
The Financial Statements for the Alabama Retired Education Employees' Health Care Trust, a component unit of the State of Alabama, for the fiscal year ended September 30, 2025. It presents an independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, notes to the financial statements, required supplementary information, and supplementary information.
Jul 1, 2025·Board meeting
Peehip Board of Control Updates
The PEEHIP Board of Control meeting included updates such as Humana administering PEEHIP's Medicare plans beginning January 1, 2026, and new funding models shifting the availability of federal funding to different plan structures. There will be no changes in 2026 to PEEHIP Medicare members' out-of-pocket costs as a result of this change. The remaining RFPs resulted in the current partners scoring the overall highest proposals so that PEEHIP will not change administrators for these contracts. Annual adjustments to retiree sliding scale, COBRA, LOA, and surviving spouses were reviewed. The FY2026 employer contribution amount was set at $904 per active employee. Open Enrollment began soon, and members were encouraged to make educated choices during Open Enrollment to select the plan(s) that are best for them and their covered dependents. Summary of Benefits and Coverage Availability of Summary Health Information Medicare-Eligible PEEHIP Members Be Supplement Smart.
Sep 30, 2024·Annual financial report
Alabama Retired Education Employees' Health Care Trust FY2024
The financial statements for the Alabama Retired Education Employees' Health Care Trust for the fiscal year ended September 30, 2024. It includes an independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, and related notes, required supplementary information, and supplementary information.