Attention Support Staff employees
Premium Rate Change for Group Insurance Benefits
Sun Life reviews the utilization of group insurance benefits at regular intervals. From time to time premium rates for these benefits are adjusted either upwards or downwards to reflect the level of usage and cost to provide these benefits.
Effective August 1, 2015, premium rates will be impacted as follows and your contributions and/or taxable benefits will be affected. The premium changes have been reviewed and approved by the Management Board of Council on the recommendation of the Support Staff Joint Insurance Committee and the Human Resources Committee.
| $/Month Current Rate | $/Month New Rate | Employee Portion | College Portion | |
| Long Term Disability | $1.81 per $100 | $2.90 per $100 | 25% | 75% |
No other premium rates will be changing at this time.
Please note that the Retail Sales Tax of 8% needs to be added to the above rate.
If you have any questions on the above, please contact Joanne Baker at 416.675.6622 ext. 4023