ETFO ELHT End of School Year Update and Renewal
Dear ETFO ELHT Teacher/LTO Plan Member,
1.ETFO ELHT 2021 Teacher/LTO Benefits Plan Renewal
The ETFO ELHT Benefits Plan renews effective September 1st of each year. September 1, 2021 is the fourth renewal of our plan.
If you are actively working in a 1.0 FTE position, you are not affected by these rate changes.
After thorough analysis of plan usage, experience, funding, and rising dental and health care costs, the ETFO ELHT Board of Trustees approved the September 1, 2021 Renewal. As a result, the Basic Life, Extended Health and Dental rates will be adjusted as follows effective September 1, 2021:
Basic Life insurance rate will decrease by 35%
Members actively at work will not be affected by the rate decrease as the ETFO ELHT covers this cost on behalf of plan members. However, it will result in a decrease to the taxable amount reported on your 2021 T4A.
Extended Health rates will increase by 4%
Dental rates will increase by 4%
No rate changes for: Supplemental or Optional Life (member/spouse/child), or Accidental Death and Dismemberment
These rate changes will only affect:
- Members on non-statutory leaves (e.g. unpaid leaves, member funded leaves, LTD after 24 months) who pay for their Health, Dental, and/or Basic Life premiums
- Part-time teachers who pay a pro-rated share of their Health and Dental premiums