Non-Taxable Disability Benefits

Beginning September 1, 2008, for schools participating in the Non-Taxable Disability Benefit Plan, the amount each participant must contribute monthly toward the premium is 1.504% of salary in Ontario or 1.392% of salary in other provinces. This amount is equal to the Long Term and Short Term Disability portions of the premium. Add the cost of the LTD cost-of-living benefit option and/or the cost of the non-tax disability benefit option, if selected.

Full Issue: No. 318 - May 27, 2008

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