Benefits

Bill 115 Remedy and Central Benefit Trust Updates.

Bill 115 Remedy Update 

The Ministry has proceeded with the Transfer Payments to the school boards. OPSEU and the Board are confirming the list of payees with the expectation to have the monies paid by the end of February. As soon as I have received confirmation of payment details I will send an update.  

Bill 115 Remedy is for members of OPSEU who worked for the Simcoe County District School Board in the school years, 2012-2013 and 2013-2014. Please ensure OPSEU and the School Board have your current and up to date information, i.e. mailing address, name changes. If you are a current employee, you are required to update this information with HR at the board when this information changes.   If you are a retired employee please contact OPSEU 330. If you have any questions please contact the office at 705-739-7232 or by email at opseu330@bellnet.ca.  

Benefit Trust  

The next Central Benefit Trust meeting is scheduled for February 14th and an update will be provided following the meeting. As of last week, I, (Kelly), am now representing OPSEU and OCEW on the Central Benefit Trust Committee and will attend the next meeting.  

 

I understand your continued frustration with how slow things have gone, in moving both Agreements to fruition, considering the financial impact both will have. No one would be happier to have these items in place and resolved to their entirety than me.  As both agreements are progressing forward, there aren't changes and updates as often as we would like and please trust that when I have information to share I will and if I am not sharing, I am waiting for an update. Once there is information to share as always, it will be posted on the opseu330.com Website, our Facebook page and Twitter, and an email will be sent to our membership email list. 

 

Sincerely,  

Kelly Martin 
President 

Two Recent Press Releases from OPSEU and OCEW

Many of you may have received an email blast directed at the members of OPSEU's Sector 3 - Boards of Education and Cultural Institutions, if OPSEU Communications has ever received your email address. For the benefit of the members who are not on OPSEU corporate email lists, we have added the press release here. It details the important first step in negotiations on our path to our new benefit plan. We will have more detailed information as the negotiation process continues, but this step needed to happen before the rest of the process can continue.

For the past few years at the OPSEU Convention, OPSEU has been attempting to showcase the talents of the members of the union across the province. This year, they have added the chance to win even more money on your journey to union Stardom! If you can sing, dance, tell jokes, or have other entertaining talents, you can enter for a chance to win up to $1500 bucks in the Region, and a chance to win more at the Convention. If you're interested, click on the link for more information!

 

Expect a more indepth update very soon.

 

Benefit Deductions for 2017

Our benefit plan is set up for annual renewal, which means that components of our plan and the amount we pay may change every January. Great West Life looks at its costs and expenses compared to the amount that our members and the employer contribute through our payroll deductions and determine any adjustments that are needed to cover the plan. Unfortunately, the employer’s contributions, as per our Collective Agreement remain the same from year to year. Therefore, our members absorb any additional costs associated with any benefit premium increases. As this Friday is the first payroll period of the 2017 year, if you carry benefits you will notice an increase to your deductions.

Due to an increase in prescription use, an increase in specific medication costs and an increase in the number of members receiving Long Term Disability(LTD) funds, Great-West Life proposed a significant increase to our benefit plan. Thanks to the efforts of Diana, our benefits broker associate and through her knowledge and deal-making skills, the increase costs were negotiated down to 10.4% for 2017.

In light of the time it has taken to find out information regarding the Benefit Trust and due to the delay in implementation, the Benefit Committee and I have decided to advise our benefit broker to take our plan to market to see if there are more advantageous savings with other insurance companies. We will keep you posted as to our findings and any changes that may take place from either the Central Benefit Trust, or going to market.

We have attached the 2017 Benefit Chart which details the breakdown of increases for each Benefit category. It outlines if it is taken as a single person, or for a family.
Please also note that 10 month employees will have additional deductions in order to cover the costs for benefits for July and August.

If you have any questions, please feel free to call or email the office at opseu330@bellnet.ca or 705-739-7232

Kelly Martin
President

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Benefit Deductions for 2016

Our benefit plan is set up for annual renewal, which means that components of our plan and the amount we pay may change every January. Great West Life looks at its costs and expenses compared to the amount that our members and the employer contribute through our payroll deductions and determine any adjustments that are needed to cover the plan. Unfortunately, the employer’s contributions, as per our Collective Agreement remain the same from year to year. Therefore, our members absorb any additional costs associated with any benefit premium increases.

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Benefit Holiday Cheques

Over the past week Local 330 members currently enrolled in the Great West Life benefit plan, as of Oct 24, 2014, through their current employment with SCDSB and as a current member in OPSEU Local 330 have had their benefit cost covered for a 4 month period. This is a benefit holiday. Members hold different benefits under our plan. It includes life insurance-including AD&D, dependent life and personal life, LTD, dental & extended health.

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Benefits Survey 2014

We are just over halfway through the polling period for the benefits survey for our negotiations with the benefit company in the coming year.

We've received a lot of responses with great ideas to bring forward, but we're nowhere near polling the number of members that have our benefits.

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Benefits Survey 2014

 

*IMPORTANT MESSAGE:  BENEFITS*

 

 It is important that members complete this survey as soon as possible in order for us to look at the plan options for next year.

 

The Survey can be found here, and will impact our discussions with our benefit provider as we go into negotiations with them for the new year.

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Demutualization Fund Distribution

The cut off date for the returning your information regarding  demutualization fund distribution is May 16, 2014. Those members who are entitled to a portion of this fund should have received the mailout prior to Christmas. Once the cutoff date has arrived there will be no more opportunities to access your share of the fund. If you received the package and it is buried under a pile of papers somewhere- dig it out! Mail it back! Be sure to read the information carefully as they do require identifying documents. Monies received will be taxable for 2014.

December Update

SEASONS GREETINGS!

Demutualization Information

Justice Lederer has made his ruling and information about the demutualization process payout has been released. Here is a PDF of the Ruling, and here is a release from OPSEU about the demutualization proceeds.

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