Memo: Changes to BCGEU Okanagan Sub-Group Disability Benefit Plan Premium Rate effective January 1, 2014 (Dec. 4, 2013)

Date: Dec. 4, 2013
From: UBC Human Resources – Health, Wellbeing and Benefits
To: Employees enrolled in the UBC Income Replacement Plan (IRP) in the “BCGEU Okanagan” Sub-Group
Subject: Changes to Your Disability Benefit Plan Premium Rate effective January 1, 2014 – BCGEU Okanagan Sub-Group

The UBC Disability Benefit Plan (DBP) is a mandatory, employee-paid plan that provides a monthly income for those who meet the definition of disability, and who have been unable to work for a period of six months (the elimination or qualifying period) as a result of the disability. The DBP premiums are income-based deductions; therefore, premiums are deducted each pay period.

The premium rate is reconsidered every January 1st, and takes into consideration the previous claims experience, membership demographic data, and potential future claims experience of the plan. The DBP premium rate is proposed by the Insurer (Sun Life), and reviewed by the University’s Benefits Consultant (Mercer).

As a result of the review, your current DBP contribution rate of 0.867% of earnings will decrease to 0.676% of earnings for the 2014 calendar year.

Going forward, premium rates will be reviewed on an annual basis and may change depending on the outcome of the review.

For Additional Information

Click here to view detailed information about the BCGEU Okanagan DBP.

If you have any questions, please contact Stephanie Mah at 604-822-6823 or

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