Insurance Plan - January 1, 2020

October 16th, 2019

We are pleased to announce that the contribution rates for Basic Life and Family Life insurance are being reduced in 2020. These changes are effective with the first pay cheque dated in January 2020.

 

Basic Life - the total contribution rate will decrease to 22¢ per $1,000 of coverage per month (2019 rate is 26¢ per $1,000 per month).

Family Life - the total contribution rate will decrease to be $2.10 per      month (2019 rate is $2.50 per month).