In the recent round of OPS negotiations the parties agreed to increase the coverage for dependent life insurance under Articles 38 and 66. Previously anyone electing to pay the premiums received coverage of $1,000 for a spouse and $500 for each dependent child OR $2,000 for a spouse and $1,000 for each dependent child. With the new language, anyone who elects to pay the premiums will receive coverage of $10,000 to $200,000 for a spouse and $1,000, $5,000, $7,500 or $10,000 per dependent child.
The Fact Sheet provides details on the enrolment process, terms and conditions of the plan and termination of the old plan.The Group Insurance Application Form (Form 7540-1192) has been revised to reflect the changes and addresses some of the issues identified by some employees around the previous form (e.g., insufficient space for beneficiaries).
The Employer had faced a number of difficulties implementing this improvement to the dependent life insurance plan. The Employer now informs us that the improvements have been implemented and the open enrolment period is between October 28 and November 27, 2013. This information can also be found on the Benefits site on the HROntario Portal.