Central Collective Agreement - OPSEU
Central Collective Agreement - OPSEU
Central Collective Agreement - OPSEU
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38.4.2 Dependent Life Insurance will terminate at the earlier of the end of the calendar month in which<br />
the employee ceases to be a civil servant or the date a dependent ceases to be an eligible<br />
dependent. (rest of 38.4.2 deleted)<br />
ARTICLE 66 – SUPPLEMENTARY AND DEPENDENT LIFE INSURANCE<br />
66.3 Supplementary Life Insurance will terminate at the end of the calendar month in which the<br />
employee ceases to be a civil servant. (rest of 66.3 deleted)<br />
66.4.2 Dependent Life insurance will terminate at the earlier of the end of the calendar month in which<br />
the employee ceases to be a civil servant or the date a dependent ceases to be an eligible<br />
dependent. (rest of 66.4.2 deleted)<br />
16. LONG TERM INCOME PROTECTION<br />
Amend Article 42 and Article 70 as follows:<br />
ARTICLE 42 - LONG TERM INCOME PROTECTION<br />
42.2.1 (a)Effective January 1, 1992 and until December 31, 2009, the L.T.I.P benefit is sixty-six<br />
and two-thirds percent (66 2/3%) of an employee’s gross salary at the date of disability,<br />
including any retroactive salary adjustment to which the employee is entitled.<br />
Effective January 1, 2010, the L.T.I.P. benefit is sixty-six and two-thirds percent (66²⁄³%)<br />
of the employee’s gross salary at the first date of eligibility to receive L.T.I.P. benefits,<br />
including any retroactive salary adjustment to which the employee is entitled.<br />
(NEW)<br />
42.2.1 (g) Effective January 1, 2009, the L.T.I.P. benefit an employee was receiving on<br />
December 31, 2008 shall be increased for each employee by an amount equal to 1.75% of<br />
such amount, and on January 1, 2010, the amount the employee was receiving on<br />
December 31, 2009 shall be increased by a further 2.0%, and on January 1, 2011, the<br />
amount the employee was receiving on December 31, 2010 shall be increased by a<br />
further 2.0%, and on January 1, 2012, the amount the employee was receiving on<br />
December 31, 2011 shall be increased by a further 2.0%.<br />
ARTICLE 70 - LONG TERM INCOME PROTECTION<br />
70.2.1 (a)Effective January 1, 1992 and until December 31, 2009, the L.T.I.P benefit is sixty-six<br />
and two-thirds percent (66 2/3%) of an employee’s gross salary at the date of disability,<br />
including any retroactive salary adjustment to which the employee is entitled.<br />
Effective January 1, 2010, the L.T.I.P. benefit is sixty-six and two-thirds percent (66²⁄³%)<br />
of the employee’s gross salary at the date that the carrier deems to be the effective date<br />
on which the employee is entitled to receive L.T.I.P. benefits, including any retroactive<br />
salary adjustment to which the employee is entitled.<br />
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