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Adjustments to insurance premiums following the annual salary revision

If applicable, salary-based premiums will be adjusted retroactive to June 1, 2025.
July 9, 2025
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Source: Human Resources

Please note that insurance premiums deductions and taxable benefits will be adjusted retroactively to reflect the annual salary revision that took effect on June 1, 2025.

These adjustments will be applied in the July 18 pay for employees paid weekly, and in the July 25 pay for those paid bi-weekly, covering the period from June 1 onward, and will be reflected in all future payrolls.

If you are enrolled in these coverages, here are the changes to expect: 

  • Basic life insurance: Premiums paid to the insurer will increase to reflect your new salary. This coverage is entirely paid by the employer. The employer contribution is considered a taxable benefit at both the provincial and federal levels. A retroactive adjustment will be applied. 
  • Short-term disability insurance: Premiums paid to the insurer will increase to reflect your new salary. Your deductions will therefore increase retroactively. Note that employer contributions, if applicable, are not considered a taxable benefit. 
  • Long-term disability insurance: Premiums paid to the insurer will increase to reflect your new salary. This coverage is entirely paid by the employer. Employer contributions are not considered a taxable benefit. 
  • Optional life insurance: Premiums will increase retroactively, as they are calculated based on salary. This coverage is entirely paid by the employee. 

If you have any questions about your coverage or these upcoming adjustments, please do not hesitate to contact the HR Employee Services Team.




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