| Plan |
Frequency |
Employee Premium/Contribution |
Employer Premium/Contribution |
Pension Plan
|
effective April 1, 2013 (first full pay period) |
|
Each Pay |
7.9% of pensionable earnings up to the YMPE* and 9.5% of pensionable earnings in excess of the YMPE. |
7.9% of pensionable earnings up to the YMPE* and 9.5% of pensionable earnings in excess of the YMPE. |
|
|
*YMPE is the Year’s Maximum Pensionable Earnings. For 2025, the YMPE is $71,300.
|
| COLA Plan |
effective April 1, 2015 (first full pay period) |
| |
Each pay |
1.0% of pensionable earnings. |
1.0% of pensionable earnings.
|
| Life Insurance Plan |
effective April 1, 2013 (first full pay period) |
| Basic Personal* |
Each pay |
Nil |
8.26 cents per $1,000 of insurance.
|
| Optional Personal* |
Each pay |
8.26 cents per $1,000 of insurance per unit of Optional Insurance. The employee may choose 1, 2, 3 or 4 units. |
Nil |
*The maximum combined benefit payable for Basic and Optional Personal Life Insurance is $1,000,000.
The total of the employer premium plus the employee premium cannot exceed the maximum premium of $82.60 each pay. |
| Optional Family |
Each pay |
$2.42 per unit (maximum of 10 units) |
Nil |
Healthcare Plan
|
effective September 1, 2024 |
| |
Monthly |
Single Coverage: $21.86
Family Coverage: $54.55 |
Single Coverage: $21.86
Family Coverage: $54.55 |
| Dental Plan |
effective September 1, 2024 |
| |
Monthly |
Single Coverage: $21.40
Family Coverage: $62.46 |
Single Coverage: $21.40
Family Coverage: $62.46 |
| Healthcare Spending Account |
effective June 1, 2019
|
| |
Monthly |
Nil |
Claims incurred plus administration fee. |
Employee Assistance Plan
|
effective July 1, 2023 |
| |
Monthly |
Nil |
$4.10 per employee |
Disability & Rehabilitation Plan
|
effective January 1, 2019 |
| |
Each Pay |
The total premium paid by employers or employees/employers is 2.2% of eligible earnings. |
Retiree Healthcare Plan
|
effective September 1, 2024 |
| Level I |
Monthly |
Single Coverage: $3.91
Family Coverage: $6.87 |
Not applicable |
| Level II |
Monthly |
Single Coverage: $47.23
Family Coverage: $74.66 |
Not applicable |