Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
earnings |
wage-loss indemnity |
group plan |
|
Summary:
The circumstances under which a purchase of salary continuance which acted as a wage-loss indemnity plan is not to be considered a group plan are set forth in s. 57(4) of the Regulations. All of the conditions therein laid down must be satisfied including that the plan "is completely portable". The term "portable" is defined in s. 57(5) for the purposes of subsection 57(4).
Issue: |
Sub-Issue 1: |
Sub-Issue 2: |
Sub-Issue 3: |
earnings |
sickness benefits |
earnings |
|
Summary:
The circumstances under which a purchase of salary continuance which acted as a wage-loss indemnity plan is not to be considered a group plan are set forth in s. 57(4) of the Regulations. All of the conditions therein laid down must be satisfied including that the plan "is completely portable". The term "portable" is defined in s. 57(5) for the purposes of subsection 57(4).