Long Term Disability (LTD) premium rate adjustment

Posted on Tuesday, August 11th, 2015

This is to inform you that the Support Staff Joint Insurance Committee, with the assistance of Sun Life Assurance Company of Canada, completed a review of the Long Term Disability (LTD) premium rate. The proposed adjustment has been approved by the Management Board of Council on the recommendation of the Support Staff Joint Insurance Committee and the Human Resources Steering Committee, and is effective August 1, 2015 as follows for the Support Staff Group 50834:

  • Current Premium Rate: $1.81 per $100
  • New Premium Rate: $2.90 per $100

Comments

Comments are closed.