|Date||July 19, 2018|
|To:||CUPE Local 1230 (Full-Time & Part-Time)|
|From:||Steve Dyce, Director, Benefits, Pensions and Payroll, Division of Human Resources & Equity|
|Re:||Benefit plan contributions effective July 2018|
Effective July 1, 2018, there will be an increase to premiums for the current health and dental plans, and a decrease for life insurance and the LTD plans.
As a result of rising claims cost across the entire plan, the monthly employee and employer premiums across all groups will increase by 3% for the Extended Health Care plan and 2% for the Dental Plan.
The new monthly premiums are:
|Extended Health Care Plan:||Single $22.92||Family $79.00|
|Dental Plan:||Single $14.22||Family $35.66|
|Life Insurance premiums will decrease by 10% and LTD will decrease by 5%|
There will be a modest increase to the Joint Membership Plan monthly cost, which will vary slightly by option, but will be approximately 2%.
These changes in your monthly contributions will be reflected in your July pay.
Should you have any questions about these benefit changes please contact email@example.com