Basic Life and Dependent Life premiums will see slight decreases, while Voluntary Life Insurance rates will see no change, and Post-65 Life Insurance will increase. Health premiums will also see a slight increase, but there will be no change to dental premiums.
The premium rate changes are as follows:
Current Rate | New Rate | Change in premium per pay period | |
|---|---|---|---|
Health
| |||
Single
| $90.81
| $92.08 | Increase of $1.27 |
Family | $144.25 | $145.74 | Increase of $1.49 |
Retiree Post-65 Life Insurance ($15,000)
| |||
Reached Age 65 After Sept. 1, 2004
| $12.92
| $13.85 | Increase of $0.93
|
Reached Age 65 prior to Sept. 1, 2004
| $15.67 | $16.60 |
Updated premium amounts will be reflected in pensioners’ semi-monthly pension payments beginning on April 15, 2026.
For more information related to group insurance rates for 2026/27, please visit the NLTA website.
You can review your semi-monthly cheque stub anytime through myPENSION. If you have any questions, please contact us.
Email: memberservices@tppcnl.ca Phone: 709-793-8772 or 1-833-345-8772
In-person: 140 Kelsey Dr., Suite 300, St. John’s, NL