Staff Benefits
► Employee is eligible if he/she works a minimum of .65 FTE (1300 hrs/yr — based on 32.5 hrs/wk for 40 weeks).
► Participation is mandatory if you are eligible.
EXTENDED HEALTH /Dental/Life/ Short Term Disability/Long Term Disability (LTD for support staff):
Benefit Company: Great West Life
Broker: Silverberg Group (Derrick Peterson)
Broker contact info:
1. Ph 1-877-342-4822
2. E-mail derrick@silverberggroup.com
General Info:
- The current Extended Health/Dental Care, Life insurance, & Short Term Disability plan is administered by Silverberg Group in Red Deer through Great West Life.
- You have 31 days from the date you become a Koinonia employee to apply for this insurance. Medical evidence of insurability may be required if you or your dependents, apply after this period has passed.
- Participation is mandatory if you are eligible and coverage is effective on date of hire with Koinonia.
- The following are included in our health benefits package:
a) Basic Life Insurance - $25,000
b) Dependent Life Insurance — Spouse $5,000 & each child $2500
c) Employee Accidental Death & Dismemberment — an amount equal to your life insurance.
d) Short Term Disability — 66 2/3% of your gross weekly earnings to a maximum benefit of $1000/wk up to 17 weeks (premiums are paid totally by staff member)
e) Dental (basic coverage of 80%, major dental coverage of 50%, and accidental dental injury coverage of 100%) — may opt out only if covered elsewhere
f) Extended Health (100% coverage with varying maximum amounts) — may opt out only if covered elsewhere
g) Long Term Disability (for support staff) - 66 2/3% of your gross weekly earnings to maximum benefit of $4,300 or 85% of your pre-disability take-home pay, whichever is less
- Brochure outlining detailed coverage is available from your school office or through the KCES office (Ph. 866-335-9587)
LONG TERM DISABILITY (for teachers):
Benefit company: RBC Insurance
Broker: Silverberg Group(Derrick Peterson)
Broker contact info:
1. Ph 1-877-342-4822
2. E-mail derrick@silverberggroup.com
General Info:
- Our Long Term Disability coverage for teachers is through RBC Insurance
- The elimination period is 120 days and the benefit is 66 2/3% of monthly earnings.
- This benefit is based on percentage of income loss
- The LTD premiums are paid totally by staff member
- They are individual portable policies
RRSP:
- The current RRSP plan is administered by Toronto Dominion unless arranged otherwise by your school.
- Your School Board will match employee contributions according to the minimum following schedule:
a) After 1 year of full-time employment, 1% of the employee's salary.
b) After 2 years of full-time employment, 2% of the employee's salary.
c) After 3 years of full-time employment, 3% of the employee's salary.
STUDENT ACCIDENT INSURANCE:
Benefit Company: Industrial Alliance Pacific
Contact info:
1. ph 1-800-556-7411
2. e-mail: student@iaplife.com
General Info:
- KCES pays the premiums for basic coverage for all Koinonia students on all school related activities (plus to & from those activities)
- Families may purchase additional year-round coverage.
BENEFITS PACKAGE PREMIUM INFORMATION
►Generally, your School Board pays half of the total premium and the employee pays half (deducted off monthly pay cheque). This ensures that if a claim is made by an employee for short term or long term disability, it will not be considered a taxable benefit.
►Basic Life: $4.50/ month
Accidental Death & Dismemberment: $1.00/month
Dependent Life: $2.17/month
Short Term Disability: premium based on salary
(e.g. annual salary of $40,000 = approx. $21.00/mo.)
Long Term Disability: premium based on salary & age
►Dental & Extended Health (mandatory unless covered under another plan -
proof of coverage elsewhere is required at time of enrollment):
Dental: Single = $34.10/month
Dental: Family= $93.33/month
Extended Health: Single = $72.59/month
Extended Health: Family=$189.08/month
►Premium examples stated above are for the 2010-11 school year and are subject to change.
QUESTIONS can be directed to:
- your school bookkeeper OR
- to the Koinonia Christian Education Society Office:
PHONE: 1-866-335-9587
E-MAIL: jnelson@koinoniaschools.com
