Some of the benefits of membership include life cover to the age of 75 years, funeral benefit, relief of illness/compulsory retirement due to illness benefit, benevolent fund for officers, both serving and retired, and a loan scheme with one of the major banks.
COSTS & COVER W.E.F. 01 January 2015
Check your salary slip to verify that you have adequate cover. If you find a discrepancy, i.e. that you are not paying for spouse, contact CAOGA immediately at ex 2786. Is your Nomination form still valid ??
CAOGA FRIENDLY SOCIETIES SCHEME (Cover ceases at 70 years of age)
MEMBER – Subscription €10.00 Benefit €19,680
SPOUSE MEMBER – Subscription €5.00 Benefit €21,141
CAOGA BENEVOLENT FUND
For Serving officers: Subscription €2 For Retained Officers FREE
GROUP LIFE ASSURANCE SCHEME:
Eligibility: Members of CAOGA and their spouses / civil partners who are over 17 and under 45 years of age.
|Serving and Retained Members||Spouse Members|
|17 – 28||€150,000||€15.00||€150,000||€11.00|
|29 – 35||€250,000||€25.00||€250,000||€19.00|
|36 – 50||€350,000||€50.00||€250,000||€34.50|
|51 – 55||€350,000||€50.00||€220,000||€34.50|
|56 – 60||€350,000||€50.00||€205,000||€34.50|
|61 – 65||€200,000||€40.00||€130,000||€45.00|
|66 – 70||€100,000||€48.00||€75,000||€45.00|
|71 – 74||€40,000||€30.00||€15,000||€15.00|
Premiums shown are guaranteed for 3 years (wef 01 January 2015). Cover ceases on 75th birthday.
- Free cover for children up to 25th birthday and for lifetime of child who is mentally or physically incapacitated and dependant on the member
- Free cover for Cadets up to commissioning
- Terminal illness, 30% of benefit paid in advance – not applicable to members aged 66 and over