What Employee Benefits Are Available?
At Trinity Western we are committed to offer our employees a comprehensive benefits package. Employees in regular staff positions working a minimum of 24 hours per week are eligible for Life, Health, Dental and Disability benefits. Faculty members with sessional contracts of 5/8ths or more per year are also eligible. Qualification periods for benefits vary depending upon the individual benefits and area of service. Please contact the Human Resources Office with any questions regarding benefits or qualification periods. All benefits are mandatory/automatic unless otherwise stated. Listed below is a brief overview of each of the benefits and full descriptions may be found in the benefits booklet you receive during your benefits orientation.
Group life insurance is at one times annual salary with a minimum of $20,000 and maximum of $200,000 coverage.
- Premium: 100% paid by the employee.
- Eligibility: 1st month following one completed month of employment.
Coverage amounts are $10,000 spousal life insurance and $4,000 for each dependant child.
- Premium: 100% paid by the employee.
- Eligibility: 1st month following one completed month of employment .
Optional life insurance is not mandatory; it may be purchased for the employee and/or spouse. Coverage can be elected in increments of $10,000 up to a maximum of $250,000. Rates are based upon the age brackets of the participants (see the Human Resources Office for exact rates) and applications for coverage are subject to the approval of the carrier.
Accidental Death & Dismemberment
Coverage is in the event of accidental loss or use of a limb(s). Amount of payment is dependent upon the extent of the injury. In the case of accidental death, a payment of one times the employee's annual salary in addition to the regular Life Insurance will be made to the beneficiary.
- Premium: 100% paid by the University.
Optional Accidental Death & Dismemberment
Optional AD&D is not mandatory and may be purchased for the employee and their dependants. Coverage may be elected in increments of $10,000 up to a maximum of $250,000. Rates are based upon the type of coverage elected (Single or Family). Please contact the Human Resources Office for the exact rates and instructions on how to apply for coverage.
Long Term Disability Plan (LTD)
In the event that an employee's disability extends beyond the University's short term plan, staff members are entitled to apply for a benefit of 60% of earnings to a maximum of $4,000 monthly based on a contract provisions with the insurer.
- Qualification: Employee must complete a 32-week waiting period. Note, the claim must be accepted by the insurer.
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- 2 weeks qualification
- 15 weeks short-term disability
- 15 weeks E.I.C
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- Premiums: 100% paid by the employee
Included in this benefit are comprehensive drug benefits, supplementary hospital benefits, supplementary health care benefits and unlimited out-of-province, out-of-country emergency benefits. Claim forms may be obtained at the Human Resources Office; however you are encouraged to register on line at www.gwl.ca for a range of services and personalized claim forms. This benefit is optional if employees have alternate coverage of equal or greater value with a spousal plan.
- Premium: 100% paid by the University
- Qualification: Must be on BC medicare
Dental coverage will be provided at 80% for preventative and diagnostic treatment, 70% for basic treatment and 50% for major treatment. Annual limitations as well as life time limitations apply to this plan. Claims may be submitted electronically by your practitioner. This benefit is optional if employees have alternate coverage of equal or greater value with a spousal plan.
- Premium: 100% paid by the University.
GROUP RETIREMENT SAVINGS PLAN (GRSP)
Employees who are working regularly a minimum of 30 hrs/wk are enrolled in the Group Retirement Savings Plan. Following a qualification period, plan members will contribute a minimum of 4% of monthly salary and the University will match the contribution with 4%. Members may make additional contributions above the required 4% if they desire; however, the University matches a maximum of 4%. All funds are submitted to the plan carrier and the member is responsible for the investment direction from a range of mutual and interest bearing funds. All members are vested immediately upon enrollment and have the added option of establishing a spousal account. Payment of benefits from the plan varies depending on the leaving circumstances (resignation, retirement or death) and will be discussed fully prior to the funds being released. Members understand the fact that the amount of funds available upon leaving the University depends on the performance of the mutual and interest bearing funds chosen by their member for investment. Continued membership after termination is not optional.
Plan members who wish to do so, may request a break in contributions of up to twelve months. This hiatus of payments may be requested only once during employment at TWU and must be discussed with and approved by Human Resources.