The change in rates is applicable to health insurance and Retiree Post-65 premiums. Basic Life and Dependent Life premiums will see slight increases, while Optional Life rates will decrease by about 7.5%; all other premiums, including dental, remain unchanged.
Updated premium amounts will be reflected in pensioners’ semi-monthly pension payments beginning on April 15, 2025.
The premium rate changes are as follows:
Current Rate | New Rate | Change in premium per pay period | |
|---|---|---|---|
Health
| |||
Single
| $85.67
| $90.81 | Increase of $5.14 |
Family | $137.12 | $144.25 | Increase of $7.13 |
Retiree Post-65 Life Insurance ($15,000)
| |||
Reached Age 65 After Sept. 1, 2004
| $10.45
| $12.92 | Increase of $2.47
|
Reached Age 65 prior to Sept. 1, 2004
| $13.20 | $15.67 |
For more information related to group insurance rates for 2025/26, please visit the NLTA website.
If you have a question for our team, contact us at memberservices@tppcnl.ca or 1-833-345-8772.