 |
Updated: January 14, 2005
Dues for members of NABET 700 CEP are $150 a quarter. The quarters are:
January - March
April - June
July - September
October- December
Dues are payable at the first of each quarter. If a member pays the full amount for the year in January, the dues will be
reduced by $50 for that year.
As of January 1, 2005, an additional 2% of gross wages will be deducted by Production for membership dues and submitted to NABET 700 CEP on your behalf
to a maximum of $500 per calendar year.
Please note that the by-laws of NABET 700 CEP provide for a member to be suspended after non-payment of dues for 90 days and expelled for non-payment of dues for 120 days.
Tax receipts will only be issued for dues, not benefit payments.
 |
 |
|
 |
New: October 2, 2007
Our benefits program is only available to members of NABET 700 CEP.
EXCITING BENEFIT NEWS!
NABET 700 CEP is pleased to announce that there will be a three month OPEN ENROLMENT for the benefits program.
From October 1 to December 31, 2007 members can enrol in our benefits program without the $500 late entrant fee or medical evidence of insurability. Even if you have been previously denied benefits or have been subject to the three year waiting period, you can sign up during this three month period. This includes dependents that may have been previously denied coverage.
In order to enrol, you must clear up any back benefits balance and at time of enrolment, pay a minimum of the first full quarter of benefits.
We are able to offer this exciting opportunity due a number of measures we have taken in the last few years to get out benefits out of deficit and into a surplus position.
Please take advantage of this opportunity, if you do not already have benefits, to protect yourself and your family. Our benefits offer 80% health and dental coverage, life insurance, and short term disability at rates substantially under what you would pay in the open market.
Please note this is a limited time offer that will not be extended past December 31 and may not be offered again for many years.
Download an enrolment form. (pdf) For more information, please contact Katherine Doyle at the NABET 700 CEP office, extension 222.
Carrier Change
We are switching back to Manulife Financial effective October 1, 2007. There has been no changes in your benefit coverage.
With the change of carrier it is an ideal time to re-assess your Beneficiary Designation. This would be the individual who would be entitled to your $25,000 life insurance policy and $25,000 Accidental Death and Dismemberment Insurance. Many members who filled out their enrolment forms years ago my have designated a beneficiarty who now, in 2007, would no longer be suitable. Members may use the change form received with teh package to update their beneficiary. Please contact Susan at Matheis Associates (905-837-2600 ext. 11) for information regarding your current beneficiary.
If you have outstanding claims incurred before October 1, you must submit them to Medavie Blue Cross before December 25.
If you have not received your package from Manulife please contact Katherine at the NABET 700 CEP office, extension 222.
Find out more.
|
Find out more about:
- Health and Welfare Benefit Plan (Updated: October 17, 2007) - Life Coverage, Extended Health Coverage, Dental Coverage, Accidental and Sickness Coverage, Optional Benefits
- Group Savings Plan - this program applies to all members and permittees working under a NABET 700 CEP collective agreement. The producer remits 3% of each technicians's gross wages as retirement benefits. The money is remitted through the payroll company into a RSP on the technician's behalf.
- Matheis Associates Benefits Consultants Inc. - your benefit plan consultants
- Home and Auto Insurance - Take advantage of your NABET 700 membership to protect your home and auto. The Hub Group (Ontario) Inc (formally known as I.C Insurance Brokers LTD) provides group rates that are generally lower than individual plans, often saving policyholders as much as 40% on homeowner's coverage alone. Our auto premiums are among the industry's best, with added discounts for combining your home and auto insurance. If you want great coverage, a wide choice of options and very attractive rates, call us for a no-obligation quote or go to our website for an online quote. We'll show you just how much group buying power can mean to you!
Toll Free: 1-800-387-2592
Website
Download it now.
It's free.
|