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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
[includes amendments up to B.C. Reg. 247/91]
1 Identification of Group Life Insurance Plan: "Group Insurance Contract 6878GL (1), carried by the Great-West Life Assurance Company".
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).]
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(c) Repealed.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.]
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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