Learn why you might not be reimbursed for the entire cost of a prescription by not using your Sun Life drug card: The Importance of Using Your Direct-Pay Drug Card Find out how to obtain drug coverage beyond the 34 and 100 day limits normally applied to prescriptions: Obtaining Prescriptions for Extended Leaves Get some… Continue reading FYI: Sun Life drug cards, drug coverage, travel benefits
Category: Benefits
December 31 Spending Credit and Allocation Deadline Approaches for Flexible Spending Plan
A reminder to all faculty: December 31 is the deadline for spending at least some of your Health and/or Wellness spending accounts under the Flexible Spending Plan. Amounts allocated are permitted only one two-year rollover and funds left unspent after the two-year period are returned to the Employer. Now is the time to check the… Continue reading December 31 Spending Credit and Allocation Deadline Approaches for Flexible Spending Plan
FINAL NOTICE: March 31 Deadline to Submit Claims
Claims for reimbursement from any of the benefit plans must be submitted to Sun Life within 90 days of the end of the calendar year in which the expense is incurred. This means that the deadline for submitting claims incurred between January 1 and December 31, 2013 is March 31, 2014. You can find account… Continue reading FINAL NOTICE: March 31 Deadline to Submit Claims
March 31 Deadline to Submit Claims
Claims for reimbursement from any of the benefit plans must be submitted to Sun Life within 90 days of the end of the calendar year in which the expense is incurred. This means that the deadline for submitting claims incurred between January 1 and December 31, 2013 is March 31, 2014. You can find account… Continue reading March 31 Deadline to Submit Claims
December 31 Deadline for Flexible Spending Program
It’s important to regularly check on the balance in your Health Spending and/or Personal Spending Accounts under the Flexible Spending Program and note when available funds “expire.” Unspent funds can only be carried forward for one year and funds you do not spend after two years revert to the employer. You can find account balances… Continue reading December 31 Deadline for Flexible Spending Program
Reminder-Change to Extended Health & Dental Claim Submission Deadline for Claims incurred in the 2012 Year Only
The Faculty Association is sending this email as a reminder of that the deadline extension for submitting extended health and dental claims incurred in 2012 is October 1 2013. As you are aware, the university transitioned its benefits provider to Sun Life Financial effective July 1, 2012. As part of that transition, there was a… Continue reading Reminder-Change to Extended Health & Dental Claim Submission Deadline for Claims incurred in the 2012 Year Only
Bargaining Update May 2012 – Benefits and Other Financial Issues
In our last bargaining update, we presented the case for a bargaining mandate with respect to salaries that is based on the Employer’s lead-payer strategy for compensation at the 75th percentile of a group of seven comparator institutions. Based on the salary data that is currently available (i.e., 2010-11), the average salaries by rank for… Continue reading Bargaining Update May 2012 – Benefits and Other Financial Issues
Report on the USFA Scholarship Fund 2010 – 2011 Academic Year
The USFA Scholarship was established in 2004. Each year scholarship awards are made to eligible students of USFA Faculty members. The University of Saskatchewan makes an annual contribution to the fund of $250,000. In 2010/2011 a record number of 208 applications were received. Of these applicants, 196 students were eligible for partial tuition reimbursement. For… Continue reading Report on the USFA Scholarship Fund 2010 – 2011 Academic Year
Voluntary Group Life Insurance (VGLI) Contribution Holiday
For the 9th year in a row, VGLI members will receive a contribution holiday. The duration of this year’s holiday is four months. The VGLI premiums for the months of March, April, May and June, 2012 will be paid for by the USFA VGLI Trust Fund. The USFA is the sponsor of the VGLI plan… Continue reading Voluntary Group Life Insurance (VGLI) Contribution Holiday
Reduced Appointment Plan (Article 13.2.3)
One long-standing feature of the Collective Agreement has been the Reduced Appointment Plan (RAP), which allows faculty members over 55 with at least 10 years of service to gradually downsize their careers by reducing to part-time without a corresponding reduction in benefits. The Collective Agreement states “[e]mployees who wish to participate in the Reduced Appointment… Continue reading Reduced Appointment Plan (Article 13.2.3)