TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MONTHLY PREMIUM [1 record]

Record 1 2011-01-24

English

Subject field(s)
  • Insurance
CONT

The SDB [Supplementary Death Benefit] "basic benefit" is two times the annual salary rounded up to the next $1000 if not a multiple of $1000. For example, an employee's final salary is $40,001, the SDB salary would be $81,000 (440.001 X 2 = $80,002 rounded to the next $1000). The monthly premium rate is 15 cents per $1000 of coverage, the same as the rate paid by employees. This rate applies to participants of all ages.

French

Domaine(s)
  • Assurances
CONT

La prestation de base du régime des PSD [prestations supplémentaires de décès] correspond à deux fois le traitement annuel, arrondi au prochain multiple de 1 000 $. Par exemple, si le traitement définitif d'un employé est de 40 001 $, la prestation du régime des PSD serait de 81 000 $ (soit 40 001 $ X 2= 80 002 $, arrondi au prochain multiple de 1 000 $). La prime mensuelle est de 15 cents par tranche de protection de 1 000 $, soit le même taux que versent les employés. La prime vise tous les participants, peu importe leur âge.

Spanish

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