Benefits - Full-time Admin Employees
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Benefits Entitlement and Cost
|
Benefits Entitlement |
Employee Cost |
Employer Cost |
Premium Rate - |
|---|---|---|---|
| Basic Life Insurance (2/3 of salary) | NIL | 100% | $0.11 per $1,000 |
| AD & D (2/3 of salary) | NIL | 100% | $0.02 per $1,000 |
| Supplementary Life Insurance (1, 2 or 3 x's salary) | 50% | 50% | $0.09 per $1,000 |
| Employee Pay-All Optional Life (up to 10 units @ $10,000) | 100% | NIL |
Up to 34 years: |
| Dependent Life Insurance ($10,000 for spouse and $5,000 per child) | 100% | NIL | $1.35 per unit |
| Long Term Disability (66 2/3% of salary) | 33 1/3% | 66 2/3% | $2.50 per $100** |
| Extended Health Care (single or family coverage) | NIL | 100% | Single: $180.06 Family: $373.07 |
| Vision Care (single or family coverage) | 25% | 75% | Single: $10.77 Family: $31.95 |
| Hearing Care (single or family coverage) | NIL | 100% | Single: $1.31 Family: $3.89 |
| Dental Care (single or family coverage) | NIL | 100% | Single: $55.54 Family: $179.92 |
| Critical Illness (up to $200,000 for employee and spouse) | 100% | NIL | NIL |
Please note the following:
- The list above is a general listing of all benefits available to full-time administrative employees. You may or may not have all these benefits.
- All premium rates are subject to the appropriate provincial sales tax based on the employee’s provincial residence.
- **Insurable earnings under the Life Insurance and LTD plans are the employee’s annual salary, including any lump sum merit increase that does not exceed the maximum of the employee’s salary range for their payband.
- *** LTD maximum annual insurable earnings for administrative staff will not exceed $450,000.
