Benefit premiums - PEA
This benefit plan covers regular members working half time or more in the Professional Employees Association.
Benefit premiums are reviewed regularly and updated annually in response to changing plan costs.
Extended health
| Benefit plan | Employee | Employer |
|---|---|---|
| Single | $14.29 | $43.72 |
| Couple/Family | $41.94 | $128.29 |
Dental
| Benefit plan | Employee | Employer |
|---|---|---|
| Single | $10.25 | $30.70 |
| Couple | $19.06 | $57.21 |
| Family | $29.43 | $88.44 |
Pensions
2025 Year's Maximum Pensionable Earnings (YMPE) = $71,300 (or $5,941.66 per month)
| Pension plan | Employee | Employer |
|---|---|---|
| Combination plan | 3.5% of basic regular salary, up to YMPE plus 5.5% in excess of YMPE | 6.87% of basic regular salary up to YMPE, plus 8.5% in excess of YMPE and 3.5% to supplement |
| Money purchase plan | 3% of basic regular salary up to YMPE, plus 5% in excess of YMPE | 8.37% of basic regular salary up to YMPE, plus 10% in excess of YMPE |
Other premiums
| Coverage | Employee | Employer |
|---|---|---|
| Basic Life Insurance | $0.274 per $1000 of coverage |
$0.0823 per $1000 of coverage |
| Optional Group Life Insurance | Full cost of coverage | $0 |
| Long Term Disability | 3% of basic salary | $0 |