Long Term Disability (LTD) Premium Rate Increase (2015)

January 2015

One of the responsibilities of the CAAT Academic Joint Insurance Committee (JIC) is to ensure our benefits plan is fully funded so that it is healthy and able to meet the needs of our members. Our Benefits Consultant advises us on optimum funding levels, including how much reserve must be kept for anticipated liabilities. This includes ensuring there is sufficient funding in the plan to support anyone who is currently on Long Term Disability until the payment obligation ends.

The attached document for more information on LTD premium rate increase as of February 1, 2015.

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