LTD premium rates in July 2015

McMaster’s Long Term Disability (LTD) plan is an income protection benefit plan for eligible employees who become totally disabled as a result of non-work related illnesses or injuries.

Employees are responsible for 100 per cent of the premiums for this plan, which is provided through Sun Life Financial.

Participation in the LTD plan is mandatory for eligible employees. The LTD plan is premium based.  Premium rates are impacted by the volume and nature of claims, and are reviewed annually in light of the claims experience of the LTD plan.

This year’s renewal is positive in nature and as a result the LTD premiums will be decreasing by 18 per cent for July 2015.

LTD plan participants will notice a change in their LTD premium deductions beginning in the next pay deposit in July. LTD premiums are deducted to a maximum of 24 pay periods each year.

McMaster University offers a wellness and disability support program, aimed at promoting at a productive and healthy work environment for all employees. Details on McMaster’s healthy workplace programming, Employee Health Services and the Employee and Family Assistance Program are available at

Additional information regarding the LTD plan can be found in you benefits booklet available online at