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As you may or may not know the Mutual Group recently, went on to the stockmarket and in doing so, unprecendented, gave rebates to policyholders.
We the employees feel as we are entitled to these rebates.
We negotiate our benefits in our collective agreements, our beneficiaries are our spouse
not the employers, we have members who are pro-rated and therefore pay to update their benefits to that of a full-time.
WE feel that the employer is a administrator
and we are entitled to a significant amount of these rebates.
Any ideas on this?
[email protected]


Ex Ins Guy


The Plan of Demutualization, that was approved by the regulatory official, set out the details. My guess is that the Plan called for the Group Policyholder, not the employees, to get these spoils. The point should have been submitted to the regulator then, and that if it was, and overruled, there may be an ooportunity to seek review from courts and you may well have a claim if there was fundemental unfairness. I'll be the employees together can get a lawyer to be interested.

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