Supplementary Health Plan Premium Holiday
The Supplementary Health Plan claims experience has been better than expected and an 8 pay cycle premium holiday has been approved by the Staff Benefits Committee.
If you participate in the Supplementary Health Plan you may notice an increase in your net pay for pay cycles from June to September.
The holiday period will begin June 1 for semi-monthly pay cycles, June 13 for bi-weekly pay cycles, and June 20 for hourly pay cycles. Regular deductions will resume in October.
More details can be found in the next issue of the Staff Benefits Bulletin, also available online here.