Monthly Archives: August 2011

CAOGA & your contact details

Contact details for

Retained CAOGA Members


 

Members of ARCO who are also Retained Members of CAOGA will have received a letter from that organisation about the launch of a new website.  In order to communicate more efficiently with its membership a database of e-mail addresses and personal phone details (home and mobile) is being compiled by them.  Those Retained Members of CAOGA who have not yet forwarded their details are requested to do so to:

info@caoga-defenceforces.com

Or by phone to 01 8042785 or 01 8042786.

Category: CAOGA

Lt. Col. Frank Stewart R.I.P.

ARCO regrets to inform its members of the death of Lieutenant Colonel Frank Stewart of Eagles Lodge, Suncroft, Co. Kildare

On August 25, 2011 (peacefully) at Tallaght Hospital.  Deeply regretted by his loving wife Mairin, children Ailisha, Orla and Ian, grandchildren, sons-in-law, daughter-in-law, relatives and friends.

Category: Death Notices

DFAA September

Defence Forces Athletic Association Calendar September 2011

The following are some of the events from the Defence Forces Athletic Association’s September Calendar, which may be of interest to members.  Further details are available from the DFAA at 01 8042000.

Date

Event

Location

01-02 Sep

GAA Inter Brigade Football Championships

Various

05 Sep

GS Golf –  Collins Cup

Curragh GC

07 Sep

GAA Hurling –  Inter Bde Final

Limerick

07 Sep

Women’s Soccer

DFTC

07-09

DF Golf – Bond of Friendship

Stackstown GC

Category: Events

CAOGA Group Scheme

CAOGA Group Life Assurance Plan Renewal 01 September 2011

ARCO Members, who are also Retained Members of CAOGA, will have recently received information from that society on the review of its Group Life Assurance Plan and the new benefits and premiums for the scheme.  (Click here to download details.)  These will come into effect on 1 September 2011.

Members will be aware that the Group Life Assurance Plan, or the Group Scheme as it also commonly known, was originally introduced in 1976 to supplement CAOGA’s own internal scheme.  This internal scheme, known as the CAOGA Friendly Society Scheme, is restricted by legislation in the level of the death benefits it can pay and over time has ceased to meet the real financial needs of members.  Membership of the CAOGA Friendly Society Scheme also ends at age 70.  The Management Committee of CAOGA renegotiates the Group Life Assurance Plan, membership of which currently ends at age 75, with the underwriters every three years in the light of the claims level experienced and the need to maintain and develop the scheme’s relevance.

The following background information is relevant to the current changes:

  • The current economic downturn has placed severe financial strains on young officers, especially those with large mortgages and in many cases partners who have lost jobs.  This has resulted in an unwillingness by cadets to join the scheme and an exodus by young officers from it.  It is hoped the measures being undertaken by the Management Committee of CAOGA will reverse this trend.  ARCO members will be aware of the vital financial assistance CAOGA provides to young families who have suffered bereavement.
  • By 2014 the number of CAOGA members over 60 will have increased by almost 300%.  This will see the current figure of 599 rise to 1,747.  Those in the 70 to 75 age bracket will rise from 55 to 250, an increase of almost 500%.
  • This could see the over 60s making up 48% of the society by September 2014 and demonstrates the need to continue to attract younger members to the scheme.
  • Despite the relatively low claims experience among older members over the last three years, the brokers expressed the fear that claims would increase to an unsustainable level among the older cohort in the coming years.
  • As a result they strongly recommended that an upper age limit of 70 should be set for membership of the scheme.  ARCO fought hard to extend this scheme to 75 during the previous review of the plan in 2008.  Unfortunately the projected increase in the age profile did not support our case for its retention.  Nevertheless the Management Committee of CAOGA have agreed to retain membership up to age 75 for the next period of 3 years.  This has however resulted in a lowering of the sums assured.

ARCO fully accepts that CAOGA is working in the best interests of all its members and that its priority must be to ensure that the age categories of greatest need are appropriately covered.  This is in line with CAOGA's primary objective: ‘to protect the long term financial security of the member’s family in the event of the death of a key member of the family’.  We can now only wait to see if the rate of claims among older members remains low so that an increase in benefits can be considered when the next review is undertaken in 2014.

Finally, we have included below the cost of cover from another leading insurer, which shows that even with this new agreement we are still getting value for money.

AGE MALE COVER FEMALE COVER PREMIUM
55 to 60 €11,920 €14,430 €50
60 to 65 € 8,850 €10,790 €50
Category: CAOGA

Recent Deaths

ARCO regrets to inform its members of the deaths of the following retired officers

Commandant Richard (Kerry) SLOANE of Shancurragh, Coosan, Athlone

On 1 August 2011. In the care of the nurses and staff at Portiuncla Hospital, Ballinasloe. Predeceased by his brother Brian. Sadly missed by his loving wife Maire, sons Diarmuid and Niall, daughter Emer, sisters Eva and Nuala, son-in-law, daughter-in-law, sister-in-law, brothers-in-law, grandchildren, nephews, nieces, relatives and a wide circle of friends.

Colonel Denis Kelly BOYLE of Carlingford and Portmarnock, Dublin

Former Director of Ordnance Corps, August 4, 2011; deeply regretted by his loving wife Mary, sister Eileen, brothers-in-law, sisters-in-law, nephews, nieces, grandnephews, grandnieces, great-grandnephews, great-grandnieces, his large extended family and many, many friends including the Wild Geese Swimmers of Low Rock Haven.

Lieutenant Colonel Patrick L. (Larry) COOKE of Cork and Naas

On 5 August 2011. In the tender care of the staff of the Bon Secours Hospital Cork. Husband of the late Enda (Tyndall) and partner of Carol. Loving father of Lynda and Ronan. Sadly missed by his loving family, brothers Peter and John, sisters Frances (Stuart) and Elma (Deasy), son-in-law, daughter-in-law, grandchildren, brothers-in-law, sisters-in-law, relatives and friends.

Category: Death Notices
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