Benefits at a Glance
Group Insurance Highlight Sheet
(For appointments of one year or more and working a minimum of 17.5 hours per week)
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Group Life Insurance (compulsory)
• Immediate eligibility
• 3 x Annual Earnings
• Overall benefit maximum: $1,200,000
• Non-evidence maximum: $775,000
• Benefits reduce by 50% at age 65
• Terminates at age 70
• Conversion Option
• Employee life only
Monthly premiums paid by Brandon University (current monthly premiums
$0.21/$1,000 of benefit. Premiums paid by BU are a taxable benefit to employee).
Voluntary Accidental Death & Dismemberment (optional)
• Immediate eligibility
• Available in units of $10,000
• Overall benefit maximum: $500,000
• Terminates at age 70
• Employee or Family coverage
Monthly premiums paid by employee (current monthly premiums are $0.17/$10,000 of benefit for employee only and $0.28/$10,000 of benefit for family).
Long Term Disability (compulsory)
• Immediate eligibility
• 66.67% of the first $4,500 of monthly income, plus 40% of the next $7,500; and 6%
contribution to the University pension plan
• Benefit maximum: $9,000 / month
• 180 day elimination period
• Definition of disability: 5 year “Own Occupation”
• Non-taxable benefit
• Coverage terminates at age 65
Monthly premiums paid by employee (current monthly premiums $2.15/$100 of benefit).
Extended Health Care and Vision (compulsory)
• Coverage effective first of month coincident with or next following thirty (30) days of
employment
• 100% reimbursement:
Semi-Private Hospital Unlimited plan maximum
Ambulance
Emergency out of country coverage
• 80% reimbursement for Prescription Drugs
$250 annual deductible for Single, Couple and Family
• 80% reimbursement for All Other Eligible Expenses:
Paramedical Practitioners (Audiologist, chiropractor, licensed massage therapist,
naturopath, osteopath and speech therapist): $350 each/year
Physiotherapy: $350/year
Athletic Therapy: $350/year
Cardiac Rehab: $300/year
Private Duty Nursing: $3,000/year
• Vision Care
$150 every 24 months
Eye exams: $45/24 months
• Includes a 2 year survivor benefit
• Coverage for Travel Health terminates at age 70
• Conversion Option
Plan paid by Brandon University. Current monthly rates are $42.05 single (includes $2.70 Out of Country travel), $84.20 couple (includes $5.40 Out of Country travel), and $135.95 family (includes $5.40 Out of Country travel). This is not a taxable benefit.
Dental Plan (compulsory)
• Twelve (12) month waiting period for contracts of less than three (3) years
• Six month waiting period for appointments of three (3) years or longer
• 80% reimbursement for basic
• 60% reimbursement for major
• 50% reimbursement for orthodontics for dependent children under 18 years of age
• 50% of the allowable maximum will be covered for eligible part-time employees
• Overall yearly maximum per family member $1,475
• Lifetime maximum for orthodontics $1,675
Plan paid for by Brandon University
Brandon University Retirement Plan (compulsory to all regular/term employees with contract of a year or more and optional for other eligible employees)
• Contribution rates – employee 8% of salary, decreases to 6.2% of salary between $3,501 and $54,900 (2016), 8% for salary between $54,901 and $115,220 (2016) and employer – 8.5% of salary
• Defined benefit – 2% x best 5 year average earnings x years of credited service minus 0.6% of best 5 year average CPP earnings x years of credited service since January 1, 1990
• Early retirement without reduction where age plus “service” equal 85, minimum age 60 (“service” is service since date of joining plan)
• Early retirement with reduction of 1/3% per month – age 55 but not age plus service equal 85, minimum age 60. Reduction applied from unreduced date assuming the member had remained with the University
• Normal form of pension is payable for life of member with 5 year guarantee period
Health Spending Account (compulsory for MGEU, BUFA & Exempt Staff)
• Coverage effective first of month coincident with or next following thirty (30) days of
employment
• $400 account credit per year for full-time employees; $200 for part-time employees
• Any service or item that is eligible to be claimed as a medical expense on your tax return may be claimed
• Claim payments are issued when there is reimbursement for another health care expense. In the absence of that, claims will be held until HSA expenses incurred total $101
• Any claims less than $101 will be paid out at the end of the benefit year
Plan paid for by Brandon University
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For detailed information on all employee benefits, please visit:
https://www.brandonu.ca/hr/benefits/
Or Contact:
Nicky Kreshewski, Human Resources Officer – kreshewskin@brandonu.ca or (204) 727-7442