Dependant Verification (for information purposes) Please see the below notice. As per the notice if you have not participated in or successfully completed the Benefit Verification process you should contact the City of Toronto Benefits Department using this email – benefits@toronto.ca The verification process applies to retirees whether they kept …
Life Insurance Policy – Article 1203
Under the Collective Agreement between The Corporation of the City of Scarborough and The Scarborough Professional Fire Fighters’ Association Local 626, Article 1203 stipulated that “The Corporation shall provide a paid-up life insurance policy of three thousand dollars($3,000.00) for employees retiring on pension”. Please be aware that this policy is …
Benefit Verification Settlement
BENEFIT VERIFICATION SETTLEMENT The Toronto Professional Fire Fighters Association and the City have resolved the Benefit Verification Grievance. Approximately 1100 active members and retirees were suspended, resulting in approximately 2500 spouses and children having their benefits retroactively turned off on February 1, 2023. For those impacted, the reinstatement of benefits …
Update 12 – City of Toronto Benefits Verification
While the Association suggests not supplying the information until after the Arbiter makes an award this is a personal decision and if the City follows through could see your benefits revert to single coverage if you don’t. Please take the time to make the decision that is right for you. …
OMERS Annual Meeting
For your interest… From OMERS.com Tuesday, April 4, 2023, 9:00 AM EDT 8:00 a.m. Continental breakfast9:00 a.m. Meeting begins Please join us at OMERS Annual Meeting, a hybrid event taking place in-person at the Metro Toronto Convention Centre with a simultaneous webcast. Follow this link to register
City of Toronto Benefit Plan Verification – Update
Update —> Union Notice #22-086 (Original Post follows below) Friday, August 19, 2022Subject: City of Toronto Benefits Verification – Update Further to Union Notice 22-078, your Association has received a legal opinion regarding the City’s “Benefits Enrollment Letter” sent to our Active and Retired Members asking for personal information regarding …
OMERS – 2.74% in 2022
“OMERS announced that pensions will increase by 2.74% as of January 1, 2022. This increase is reflective of general changes in the cost of living measured by the Consumer Price Index and published by Statistics Canada.”
Job-Related Illness
In the event of a Retired Scarborough or Toronto (TFS) Fire Fighters passing the estate or executor will want to notify CPP, OAS, OMERS, and depending on the individual a number of others. They should also contact the City of Toronto to see if there are any entitlements owed (eg. …
Estate Planning
Estate Planning No one likes to think about their mortality. Estate planning is one of those things that does just that, so many will just put it off to another day which leaves it to the family to figure out. There always seem to be questions regarding the possibility of …
2020 OMERS Report
OMERS Reports 2020 Financial Results After seeing an 11.9% net return in 2019, Covid-19 has brought that crashing into negative territory for 2020… “The effects of the global COVID-19 pandemic negatively impacted our portfolio in 2020, particularly our business- and consumer-facing investments, contributing to an investment return net of expenses …
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