
Benefits Plan changes coming September 1, 2025
Each year, the Trustees review the Plan’s financial position and make decisions that will best position the Plan for the future. This year’s benefit changes, taking effect September 1, 2025, are:
Principals/Vice-Principals (P/VP)
Past and Present
This past year marked the start of an exciting new phase for ONE-T. Emerging from a period of building and stabilizing, we are now looking ahead with a clear focus on optimizing the Trust for members now and into the future.
Communication, engaging with stakeholders, and benchmarking our costs and plan design are essential for the Trust. As such, these were key priorities for us in 2021-2022. Now with the groundwork laid, we are excited to be in a position to move forward on potential improvements.
Over the past couple of years, ONE-T has been actively seeking ways to improve the member experience. Now, the journey to realize these improvements has begun.
Making it easy to find the information you need
The ONE-T Board rigorously monitors the Plans’ financial situations, maintains the highest professional standards in all of its fiduciary responsibilities, and follows prudent plan management, governance and funding policies. Trustees will continue making sustainability a key priority.
The December 31, 2021 actuarial valuation showed meaningful gains and provided an improved forecast of the Plan’s financial position over the next three years. This stronger financial position allowed room for the Plan improvements implemented in 2021 and 2022.
Each year, the Trustees review the Plan’s financial position and make decisions that will best position the Plan for the future. This year’s benefit changes, taking effect September 1, 2025, are:
Starting September 1, 2024, there will be several Plan changes for P/VP Members that will help maintain an affordable and sustainable Plan.
If you’re travelling out of the province or out of the country, remember that you have emergency travel medical coverage under your ONE-T benefits plan.
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