April 2, 2019
Whether you’re full time, part time, or on a leave, you may be required to pay for some or even all your benefits through payroll deduction or pre-authorized debit (PAD).
First, let’s review the parties that have a role in the cost of your benefits plan and the administration of your benefit premiums.
|Who||Role and responsibilities||Role regarding your benefit costs|
|Your plan sponsor:
OSSTF Benefits Employee Life and Health Trust (ELHT) Board of Trustees
|Manages and governs the OSSTF Benefits ELHT Benefits Plan.
The trustees manage the OSSTF Benefits ELHT Benefits Plan in the best interests of members, and make plan design, funding, administrative and investment decisions on their behalf.
|Administrates the funding for the benefits plan and determines the portion of the benefit costs that are paid by the OSSTF Benefits ELHT and/or you.
|Your plan administrator:
|Administers your benefits plan.
OTIP assists members with questions about enrolment, eligibility, benefits, costs/premiums, and claims for health and dental care.
OTIP also manages and processes life and/or Accidental Death and Dismemberment insurance claims, and waiver of life insurance premiums.
|Works with your employer to:
|Your employer||Manages members’ employment status and personal information.
Your employer is responsible for keeping your employment record and your personal information up to date and providing it to OTIP (i.e. your name, date of birth, mailing address, FTE/hours worked, work status, etc.).
|Provides members’ employment information to OTIP to determine eligibility, enrolment, and benefit costs.OTIP calculates what you are responsible for paying for your benefits based on the employment information provided by your employer and then provides this information back to your employer to administer via payroll.
If you work more than a 0.3 FTE, then any benefit premiums, you are responsible for paying, are deducted from your pay by your employer.
For example, if you work a 0.7 FTE and are responsible for 30% of your benefit premiums, the employer will deduct this monthly amount from your pay based on their payroll schedule.
|Underwrites and issues insurance policies, and pays health and dental claims on behalf of the ELHT.
NOTE: The insurer of the Accidental Death and Dismemberment benefit is Teachers Life.
Reviewing your benefits coverage and costs
You can review your benefits information and monthly benefit costs/premiums online:
Paying by pre-authorized debit
Reasons your benefit costs may have changed
Your benefit costs are subject to change due to factors like your employment status, salary changes, plan renewals and amendments. If a change occurs in your benefits, your monthly premiums will be updated.
New to enrolling in your benefits plan?
Members enrolling in their benefits plan and who are responsible for benefit costs will see a deduction on their next month’s pay or bank account that consists of:
E.g. Jean-Pierre started an eligible permanent position on September 4. His monthly premium is $50. Therefore, his total premium deduction in October will be $100.
OTIP Benefits Services is here to help
If you have any questions regarding your monthly benefit costs and/or premiums, please contact OTIP Benefits Services at 1-866-783-6847.
The information in this document is provided by OSSTF Benefits for general information only. OSSTF Benefits endeavours to have all information current and accurate. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information included. All information is subject to change without notice.
The information contained in this website is for general information purposes only. The information is provided by OSSTF Benefits and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. All information on this website is subject to change without notice.