Municipal mergers and group insurance plans: what’s the impact? - AG Employee Benefits

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Published on 29/05/2019

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Municipal mergers and group insurance plans: what’s the impact?

Starting in 1 July 2019 15 Flemish municipalities were merged to 7 new towns. 13 of them were given a new name. This has resulted in a number of address changes (street name and number). What could be the impact of this merger on your pension plan?

  

Starting 1 July 2019, post will no longer automatically forward letters and packages to the new address (end of transition period). For more information on this subject, click here.

What is AG Insurance’s next move?

One of the prerequisite for AG insurance to properly manage your group insurance plans is to have correct mailing addresses. We will use the information provided by the authorities to correct the addresses by the end of June 2019.

And what about you?      

If your company is affected by these municipal mergers, then one of the following cases applies to you:

  1. If your company headquarters is located in one of the merged municipalities, you do not need to take any action. We will send you an addendum to your contracts and plans.
  2. If one or more of your staff members resides in a merged municipality, we will make the required corrections. You will, however, need to update your staff members’ addresses in your own records. This will ensure that information flows as it should and that the covers are up to date at all times.      


Still have questions or need further clarification? Feel free to get in touch with your regular AG Employee Benefits contact person.