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YUFA Retirement |
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YUFA Post Retirement Benefits Improved for 2001
Effective 1 February 2001, dental
refunds went up to 100% for basic services and 50% for restorative
services, with the yearly maximum remaining unchanged. Only percentages
changed. The new rates should apply to any bills incurred on or after 1
February 2001.
Also effective 1 February 2001, survivors of deceased retirees will
remain members of the plan to the end of the month for which the couple
has paid. For a 24 month grace period, beginning on the first of the
following month, a survivor will continue to be a member of the plan,
paying fees as other single members do. Thereafter a survivor will have
the option of remaining in the plan, paying in full for his/her coverage. Effective 1 October 2000, the deductibles for major medical became $130
per person covered. (As this date was almost halfway through the
deductible year, the insurer has reviewed the files since 1 October 2000
and refunded a member any amount deducted above the new rate.) These improved benefits are currently in place until 31 December 2001,
pending a renewal collective agreement between YUFA and the Board of
Governors. |
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