Page 27 - Federation magazine: October / November 2016
P. 27

Tax rise affects Group
Insurance Schemes

The Government has increased the standard rate of insurance       Retired officers
premium tax (IPT) from 9.5 to 10 per cent which has led to
increased premiums for the West Midlands Police Federation Group  Scheme	           Current premium	 Premium as of
Insurance Scheme. The new monthly premiums for the schemes
will come into effect from 1 October 2016.                        		 1 October 2016
	 For details of the changes in premium, please see below:
                                                                  Package scheme	   £24.07	  £24.09
Serving officers                                                  Package scheme	   £32.39	  £32.41
                                                                  Inc. partner
Scheme	                 Current premium	 Premium as of            Legal scheme	      £2.27	   £2.28
                                                                  Over 65 scheme	   £16.49	  £16.51
		 1 October 2016                                                 Over 65 scheme	   £26.64	  £26.66
                                                                  Inc. partner
Sick cover	              £4.48	          £4.49                    Over 70 scheme	    £9.20	   £9.24
Package scheme	         £24.01	         £24.04                    Over 70 scheme	   £13.29	  £13.34
Package scheme	         £29.88	         £29.91                    Inc. partner
Inc. partner
Package exc travel	     £20.10	         £20.13                    Police staff
Package exc travel	     £25.97	         £26.00
Inc. partner                                                      Package scheme	   £29.05	  £29.09
New recruits 2nd year	  £13.56	         £13.58                    Package scheme	   £37.96	  £38.02
New recruits 2nd year	  £18.41	         £18.44                    Inc. partner
Inc. partner                                                      Over 65	          £23.85	  £23.88
Package inc. partner 	   £8.13	          £8.14                    Over 65	          £33.37	  £33.41
& partner sick cover                                              Inc. partner

Breakdown
cover –
important
notice

Please be aware with immediate effect
the new breakdown telephone number
for the RAC will be 0330 159 0283 (the
reference number remains unchanged
at X800).
	 New membership cards will be
sent out in the upcoming months to
members covered under the West
Midlands Police Federation Group
Insurance Scheme.
	 If you require further information
or wish to join the Group Insurance
Scheme which includes RAC cover,
please contact the Federation office.

www.westmidspolfed.com                                                     federation October/November 2016 27
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