To: Eligible OSSTF Education Workers
From: Donna Morrison, Executive Director
June 30, 2020
The OSSTF Benefits Plan renews effective September 1 of each year. September 1, 2020 is the third renewal of our plan.
One of the main principles that guides the OSSTF ELHT Board of Trustees in its work on behalf of plan members is protecting the long-term sustainability of the OSSTF Benefits Plan while also ensuring comprehensive coverage for members and their families. Achieving this balance includes responsible financial management and following the benefits industry’s best practices.
Since inception of the OSSTF Benefits Plan, member contributions towards the health and dental benefits have not changed and the OSSTF ELHT Board of Trustees have given approval that they are also being held through the September 1, 2020 renewal.
The following renewal action has been approved by the OSSTF Benefits Board of Trustees effective September 1, 2020:
Member contributions towards the health and dental benefits are 6% of the premium rates for full-time members (1.0 FTE) and pro-rated for less than full-time members. Since the member contributions have not changed since inception, they no longer represent this proportion of the plan costs. They are being held for the September 2020 to August 2021 benefit year. The ratification of the OSSTF Central Agreement that provides additional employer-paid funding of 1% annually towards the OSSTF Benefits Plan was a factor that contributed towards being able to hold the current rate of member contributions.
The OSSTF ELHT Board of Trustees has also reviewed the claims handling provisions of the OSSTF Benefits Plan. To ensure continued responsible use of the benefits plan, the following claims handling provisions will be enforced commencing September 1, 2020:
If you have any questions please contact Donna Morrison, Executive Director at OSSTF Benefits, at firstname.lastname@example.org.
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.
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