What are the various benefit entitlements?

Employee Benefit Entitlements Under 3 Different Scenarios

This chart is intended to provide an overview of the benefits and pension available in different scenarios. It does not provide full details and you should check with your pay and benefits office for specific information on your personal situation.  

Program

Maintenance of employment status (leave without pay)

Medical Retirement

Release for Incapacity/ Resignation

Public Service Superannuation

Eventual pension is based on years of service X 2% of the salary the employee had for his/her best consecutive five years of earnings.

Employee must have at least 2 years service to be eligible for a pension.

Employee will Continue accumulating years of service for the duration of the leave without pay period

Employee will be allowed to include such leave as pensionable service if s/he buys back the years at 7.5% of the annual salary for each year.

Pension is based on years of service X 2% of the salary the employee had for his/her best consecutive five years of earnings.

Thus, if s/he had worked for 10 years, s/he would be eligible for a pension that is 20% of his/her salary.

Employee must have at least 2 years’ service to be eligible for a pension.

Employee can be any age to be eligible to receive an immediate unreduced pension.

If the employee is receiving Disability Insurance, it will be reduced by the amount of his/her pension (e.g. Employee receives 70% of salary while on DI. If the pension is 20% employee will receive 50% DI).

Pension is based on years of service X 2% of the salary the employee had for his/her best consecutive five years of earnings. Thus, if s/he had worked for 10 years,s/he would be eligible for a pension that is 20% of his/her salary, subject to a reduction depending on the employees’ age and/or years of service.

Employee must have at least 2 years service to be eligible for a pension

If employee is over age 50, s/he can immediately retire, either at full pension (age 60 years, 55 with 30 years service) or at age 50 with a reduced pension.

If employee is under age 50, no pension is payable. Must wait until at least age 50 to claim pension at the rates noted above.

Supplementary Death Benefits

Employee must continue paying the premiums for SDB while on leave without pay.

Employees will pay the premium at the "normal" employee or lower rate.

Employees can continue to  maintain their benefit by paying a premium at the "normal" or lower rate.

Employees can continue to maintain their benefits by paying a premium. The rates for the premium are different for those claiming a pension and those not claiming a pension, with the latter rates being significantly higher (e.g., in the one case identified over $1,000 more per year).

Public Service Dental Care Plan

Coverage is continued while on Leave without Pay.

No employee contributions are required.

Coverage discontinued on retirement.

Coverage discontinued on termination

Pensioners Dental Service Plan

Not necessary

Employee is eligible for participation in the pensioner Dental Services Plan at the following premium rates:

  1. Pensioners Only -$16 per month.
  2. Pensioners and one Eligible family member - $31.96 per month.

If the employee is in receipt of a pension benefit, membership in the Pensioners Dental Services Plan permitted at the following premium rates:

  1. Pensioner Only -$16 per month.
  2. Pensioner and one eligible family member - $31.96 per month.
  3. Pensioner and more than one eligible family member - $47.96 per month.

Public Service Health Care Plan (PSHCP)

NOTE: Remember to discuss your specific situation regarding PSHCP coverage and contributions in respect of leave without pay on account of disability with your HR Office, as soon as possible.

Employees may continue coverage provided they submit employee’s share of contributions while on leave.

The employee’s share varies, but does not exceed $10.34 per month and may require no contribution at all depending on level of coverage chosen.

Employee may continue coverage at the pensioner premium rates.

Coverage discontinued unless the employee is receiving a pension, in which case the employee may retain coverage at the pensioner premium rates.

PSAC Group Life Insurance Plan

 

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September 22, 2013
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