Compulsory

As a condition of employment, employees must enrol in group benefits. The date of eligibility for participation in these benefits depends on the employee group.

  1. Academic Staff - Hire Date
  2. Administrative Staff - Three Months of Service
  3. Full-time Support Staff - Three Months of Service
  4. Part-time Support Staff – 455 Hours of Service

The University presently contributes 80% of the premium. Any questions concerning coverage should be addressed to Human Resources.

Basic Life Insurance

Long Term Disability

Short Term Disability

Dependent Life Insurance

Health

Dental

Vision

(Note: For details concerning Life Insurance Coverage, reference should be made to the Group Benefits booklet given to each employee upon eligibility for participation.)

University Pension Plan

1. The university pension plan is a defined contribution plan. The plan is available to all eligible staff. Note: Faculty of Education members belong to the Teachers’ Pension Plan. Eligibility dates vary from hire date to six months of service. The Human Resources Director should be contacted for eligibility dates. Contributions are presently 9% (less C.P.P.) for Academic, 9% (less the annual C.P.P. rate of 4.3%) for Administrative and 9% (less the annual CPP rate of 3.5%) for Support Staff. An equal contribution is made by the University.

2. The Plan has several options for investments. The individual can direct, in writing, that his/her contributions be invested in the following fund(s).

Fund Name

Cash Equivalent

Money Market Fund (SLPM Ltd.)

Balanced

Diversified (SLPM Ltd.)

Balanced (McLean Budden)

Canadian Asset Allocation (Fidelity)

Canadian Equity

Canadian Equity (Bissett)

Canadian Equity (SLPM Ltd.)

Canadian Equity (McLean Budden)

True North Fund (Fidelity)

Canadian Dividend Growth Fund (SLPM Ltd.)

Foreign Equity

Global Asset Allocation (Fidelity)

International Equity (Jarislowsky Fraser)

U.S. Equity (GE Investments)

Index Funds

International Equity Index Fund (Standard Life) (Index: NSCI-EAFE)

Canadian Equity Index Fund (Standard Life)

Canadian Bond Index Fund (SLPM) (Index: Scotia McLeod Universe)

U.S. Equity Index Standard Life (Index: S & P 500)

Fixed Income Funds

One Year Compound Interest Account (GIC)

Three Year Compound Interest Account (GIC)

Five Year Compound Interest Account (GIC)

Specialty Funds

Real Estate (SLPM Ltd.)

An Investment Election Statement can be obtained through Human Resources.

3. Should you resign, you will receive the full amount of the employee and University contribution plus the earned interest. You may elect to transfer to another RPP or to a RRSP with full accrued interest. If you have been in the plan under 2 years you may receive the cash value with the appropriate tax withheld.

Canada Pension Plan

Membership in the Canada Pension Plan is mandatory for all personnel. The contributions are based on federal government regulations.

Optional Benefits

American Express Corporate Cards

These cards are available to full-time faculty and administration for business use only. Application forms can be obtained from the Office of the Vice-President, Finance and Administration and completed on-line. Some of the benefits of a corporate card are listed below.

  • Auto Rental Collision/Loss Damage Insurance;
  • Delayed Baggage Insurance: coverage up to $500;
  • Hotel/Motel Burglary Insurance: coverage up to $500;
  • Emergency Travel Assistance Service 7day/24hr/365day:
  • Worldwide toll free assistance
  • Emergency medical
  • Legal referral
  • Travel document and ticket replacement
  • Guaranteed Hotel Reservations;
  • Travel Accident Insurance - up to $500,000;
  • Emergency card replacement within 24 hours;
  • Emergency cash delivery;
  • Liability Insurance of up to $50,000 per card covering fraudulent use;
  • 21 day payment grace period;

 

Important Note

Please note that NO personal charges should be made on your university corporate card and ALL outstanding balances must be cleared on a monthly basis.

Calling Cards

Full-time faculty and administration may obtain a calling card from the Office of the Vice-President. These cards are to be used for business purposes only. Employees are not allowed to transfer calls from their home (or while travelling) to the University telephone number. The cards can be used in Canada, the United States and internationally.

General Information

  1. Unmarried children under 21 years of age and dependent on the employee for support, and an unmarried child up to 27 years of age and is a full-time student attending, or on vacation from, an educational institution and dependent on the employee support is considered a dependent.
  2. Any change in the number of dependents should be reported to the Human Resources Office within 30 days.
  3. When an employee marries, he/she should contact the Human Resources Office within 30 days regarding additional dependent coverage or change of beneficiary(ies). If the newly-married employee is a female and she takes her spouse's family name, it is to be reported to the Human Resources Office.
  4. Any change of address is to be reported to the Human Resources Office as soon as possible.
  5. The percentage of doctor or hospital fees, which are not covered by OHIP, cannot be claimed under the Supplemental Health Insurance Plan.
  6. Claim Forms for submission of expenses incurred under the Supplemental Health Insurance Plan may be obtained from the Human Resources Office (A207) or the Employee Lounge (A238).
  7. Treatment by a dental surgeon of a fractured jaw, or removal of dental cysts, as well as any dental care that has been necessitated by an accident, should be claimed under the employee's Supplemental Health coverage.