CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
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Re: CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
This issue has been ongoin for years, it's the same for are pensions VS CPP. Peter Stoffer is are best bet in the mater. He has been naggin GOC for years on the mater.
Guest- Guest
Re: CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
It was the same for my husband. When he signed in 1970, it was for life. He was released medically in 1995 and passed away in 2007.
Widow of Veteran
Widow of Veteran
Guest- Guest
Re: CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
Yep, lets get this issue rolling!
Guest- Guest
Re: CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
It should not be that way!!!! When we joined and started paying for sisip, it was with the understanding that it was good for life! To change the contract for those who were in that circumstance is just WRONG!!!!! When I signed that contract, it was for life.....I hope to live longer than 65 years!!!!
Guest- Guest
Re: CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
Yeah, this really sucks. I lost out by getting out in 96. How is that right that so many have it until death but I don't. So a difference of one day, will make the difference for some as to whether they get benefits to age 65 or till they die. I think this is worthy of another lawsuit.
Nemo- CSAT Member
- Number of posts : 464
Location : canada
Registration date : 2010-08-13
CAN SOMEONE ANWSER THIS QUESTION---SISIP TAKES LIFE TIME INSURANCE AND REPLACES IT WITH 65
Could someone tell me if they're also going to look at the change in SISIP cut-off dates. When I was serving and paying into SISIP between 1972 and Dec 31, 1994, benefits were contracted to be life-time. Then out of nowhere in January 1995 this was changed to benefits ending at age 65. Of course, I was medically released early 1995. Trust me, members paying into this did not expect age cut-off changes.
Not only did they clawback our benefits - they completely changed the contract mid-stream. I am not sure if Judge B. is looking into this, but I think it should be considered as an extra 5-year clawback to everyone medically released after January 1, 1995.
Anyone know anything about whether this was brought forward to the legals? Or have some idea about this topic:?:
Not only did they clawback our benefits - they completely changed the contract mid-stream. I am not sure if Judge B. is looking into this, but I think it should be considered as an extra 5-year clawback to everyone medically released after January 1, 1995.
Anyone know anything about whether this was brought forward to the legals? Or have some idea about this topic:?:
HAPPYCRAZY- CSAT Member
- Number of posts : 108
Location : Some where in Canada PlayGround
Registration date : 2013-06-07
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