Non-Taxable Disability Beneftts

Beginning September 1, 2010, for schools participating in the Non-Taxable Disability Benefit Plan, the amount each participant must contribute monthly toward the premium is 1.255% of salary in Ontario or 1.162% 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. 334 - May 28, 2010

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