B.C. Reg. 426/76
O.C. 2291/76
Filed July 26, 1976
This archived regulation consolidation is current to April 21, 2006 and includes changes enacted and in force by that date. For the most current information, click here.

Public Service Benefit Plan Act

GROUP LIFE INSURANCE REGULATION (NO. 3)

[includes amendments up to B.C. Reg. 247/91]

Group Life Insurance Plan

1 Identification of Group Life Insurance Plan: "Group Insurance Contract 6878GL (1), carried by the Great-West Life Assurance Company".

Persons to whom contract applies

2 Persons to whom this contract applies: regular employees who, while covered by the contract, were granted "Waiver of Premium" status due to disability, based upon criteria established by the carrier.

[en. B.C. Reg. 247/91, Sch. 5, s. (a).]

Rates of contribution

3 Rates of contribution:

(a) monthly salaried employees;

(b) retired employees: an amount equal to the coverage in effect immediately before retirement.


COVERAGE
$
MONTHLY PREMIUM
EMPLOYEE
$
EMPLOYER
$
4 000 1.00 0.84
5 000 1.50 0.80
6 000 2.00 0.76
8 000 2.75 0.93
11 000 4.00 1.06
14 000 5.50 0.94
17 000 7.00 0.82
20 000 8.50 0.70

(c) Repealed. [B.C. Reg. 522/77.]

[am. B.C. Reg. 522/77.]

Conditions affecting employees

4 Conditions affecting those employees to whom this contract applies: coverage under this contract will continue indefinitely providing satisfactory medical evidence of disability is maintained.

[en. B.C. Reg. 247/91, Sch. 5, s. (b).]

 

[Provisions of the Public Service Benefit Plan Act, R.S.B.C. 1996, c. 386, relevant to the enactment of this regulation: section 7]


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