Prestations de retraite

Retiree life insurance

All employees who are registered in either the Civic Employees’ Pension Plan or Police Pension Plan receive life insurance benefits. When you retire, your benefits continue, at a reduced amount.

If you are a current employee, you can find information on your benefits on CityNet by logging in to the employee portal.

Enrollment

Membership in the Civic and Police Employees’ Group Life Insurance Plan (the Plan) continues into retirement automatically, at a reduced amount, unless you choose not to participate in the Plan.

When you retire, you will need to complete the Group Life Retirement form and return it to Human Resource Services before your last day at work to prevent a delay in coverage.

Benefit details

Coverage after you retire reduces to a percentage of the Basic Life coverage amount (one- or two-times coverage) in effect at retirement.

Basic Life is a death benefit that is paid to a member’s beneficiary(ies) in the event of their death.

The reduction of coverage is as follows:

• Before age 65: 50% of Basic Life
• Age 65 – 69: 25% of Basic Life
• Age 70+: 15% of Basic Life

Retired members will continue to participate in the Plan and will continue to contribute the required contributions. Your contributions are calculated based on your coverage in effect during retirement.

Beneficiary designation

When you name a beneficiary, it ensures that your benefits are paid as you wish when you pass away.

When you retire, you must submit an updated Beneficiary Designation form (hard copy, original ink signature) to Human Resources before your last day of work.

Learn more about beneficiary designation. (PDF, 99KB)

Retiree life rates

The bi-weekly contribution rate for retired members is 0.025%.  This rate is reviewed regularly and is subject to change.

The bi-weekly contribution cost is calculated using the following formula:

• [Average bi-weekly earnings pre-retirement x Basic Life Option x Retirement Coverage Factor (based on age)] x bi-weekly contribution rate

Using the example above, the Retiree Life contribution cost using the current bi-weekly contribution rate would be:

• Under age 65 = ($2,000 x 2 x 50%) * 0.025% = $0.50
• Ages 65 – 69 = ($2,000 x 2 x 25%) * 0.025% = $0.25
• Ages 70 and up = ($2,000 x 2 x 15%) * 0.025% = $0.15

Conversion at retirement

Within 31 days of retirement, you have the option to convert insurance coverage with the Plan to an individual life insurance plan. No evidence of insurability will be required if you apply within 31 days of your retirement date.

The amount available to be converted to an individual plan will be reduced by the Basic Life benefit being retained under the Retiree Life benefit.

Learn more about how conversion works, amount limitations, and how to apply (PDF, 87KB).

Claims

In the event of your passing, your designated beneficiary or estate representative will need to contact the Civic and Police Employees’ Group Life Insurance Plans Corporation to initiate the claim process by emailing City of Winnipeg Total Compensation & Benefits.

Learn more about making a claim (PDF, 99KB).

Notice of change

All retired members have a responsibility to keep their information up to date for administration of their Retiree group life benefit.

For beneficiary designation updates (PDF, 106KB), submit the hard copy (signed in ink) to Total Compensation & Benefits.

For all other changes, please complete the Notice of Change form (PDF, 85KB).

Support & contact

If you have any questions or require additional support, please contact us.

• Email: EmployeeBenefits@winnipeg.ca
• Phone: 204-986-7996
• Mail:
  Total Compensation & Benefits
  6th Floor, 510 Main Street
  Winnipeg, MB   R3B 1B9

Plan governance

In accordance with the City of Winnipeg By-Law No. 82/2015, retirees of the City of Winnipeg and eligible Participating Employers enrolled in the Civic and Police Employees’ Group Life Insurance Plan (the Plan) are enrolled upon retirement from their employer.

The Plan is governed by the Board of Directors of the Civic and Police Employees’ Group Life Insurance Plans Corporation. Canada Life is responsible for claims adjudication and processing of benefits payable upon the death of an eligible Retiree.