Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The School Division will provide an HSA / WSA of seven hundred and twenty-five dollars ($725) per year per eligible teacher.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The School Division shall contribute annually to an HSA / WSA as follows:
7.3.1.1. The School Division shall provide an HSA /WSA in the amount of $725.00 to all eligible teachers. Contributions shall be made in ten
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.2.1 The Employer shall implement an HSA / WSA that adheres to Canada Revenue Agency (CRA) rules and is administered by the ASEBP for the benefit of each eligible teacher and the teacher's spouse and dependents. The Employer shall contribute the following amount for each eligible teacher: seven hundred and twenty-five dollars ($725).
7.2.2 Such amount shall be provided in equal monthly instalments. Any unused balance shall be carried forward to the extent permitted by CRA. Teachers leaving the employ of the Employer for any reason will forfeit any remaining balance after the expiry of the established time to submit expenses. An eligible teacher means any teacher on a continuing, probationary, interim, or temporary contract. (Article 6 applies to this section).
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1 For each eligible teacher, the School Division will establish an HSA / WSA as offered by ASEBP.
7.3.2 The School Division will contribute seven hundred and twenty-five dollars ($725.00) in equal monthly installments for each full-time eligible teacher. This amount shall be pro-rated for teachers employed less than full-time with the School Division. The unused balance will be carried forward for a total accumulation of two (2) years. The teachers leaving the employ of the School Division will forfeit any remaining balance. In this Article “eligible teacher” means any teacher on a continuing, probationary, interim, or temporary contract. The plan shall be administered by ASEBP in accordance with Canada Revenue Agency (CRA) and the Income Tax Act of Canada for the benefit of the teacher, their partner, and dependents.
7.3.3 The contribution in clause 7.3.2 will be $60.417 per month for each eligible teacher.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The Employer shall provide for each teacher, other than substitute teachers, an account for the benefit of each eligible teacher and their dependent(s) which, at the annual option of the teacher, may be used for either or both of Health
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. For the purpose of this Article, “Eligible Teachers” are defined as those teachers on a continuing, probationary, or temporary contract of at least five (5) months duration.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The Employer shall provide an HSA / WSA to all eligible teachers. The Employer will contribute seven hundred and twenty-five dollars ($725.00) for each full-time eligible teacher. Part time employees shall be eligible on a pro- rata basis. The plan shall be administered by ASEBP in accordance with Canada Revenue Agency (CRA) and the Income Tax of Canada for the benefit of the teacher, their spouse, and dependents.
7.3.2. Teachers leaving the employ of the Employer will forfeit any remaining balance, subject to the runoff provisions as per CRA regulations.
7.3.3. In this article “eligible teacher” means any teacher on a continuing, probationary, or temporary contract during the year. For temporary contract teachers, one-twelfth (1/12) of the annual contribution will be deposited for each full month the teacher is under contract.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The School Division will establish for each eligible teacher an HSA / WSA for the use of the eligible teacher, their spouse, and dependents, and administered by the ASEBP, which adheres to Canada Revenue Agency (CRA) and Income Tax Act requirements. Each eligible teacher may allocate credits to an HSA or WSA. The School Division will contribute seven hundred and twenty-five dollars ($725.00) per teacher, per year, prorated as per clause 7.2.2 of this agreement, to such account, contributions to be made monthly. The unused balance will be carried forward to the extent permitted by the CRA. Teacher leaving the employ of the School Division for any reason will forfeit any remaining balance. In this article, “eligible teacher” means any teacher on a continuing, probationary, interim, or temporary contract of at least five (5) months duration. It is understood that where the School Division discontinues payment to benefit premium contributions, contributions to a health spending account will also cease.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The School Division will provide an HSA / WSA which adheres to Canada Revenue Agency (CRA) requirements, by making monthly contributions based on the FTE assignment for each Teacher covered by a probationary, temporary, or continuous contract covering a duration of five (5) months. The annual contribution by the School Division for a full-time teacher will be $725.00. The unused balance will be carried forward to the extent permitted by the CRA. Teachers leaving the employ of the School Division for any reason will forfeit any remaining balance. The School Division agrees that the HSA / WSA will be administered by the current carrier, which could change from time to time, and will be administered strictly within the terms of the collective agreement.
7.3.2. Individual teachers may elect annually to divide their HSA / WSA entitlement ($725.00 or the prorated amount as per clause 6.3) between an HSA and WSA, in accordance with ASEBP and CRA guidelines.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The Employer shall provide an HSA / WSA to all eligible teachers. The Employer will contribute nine hundred dollars ($900.00) for each teacher. The plan shall be administered by ASEBP in accordance with Canada Revenue Agency (CRA) and the Income Tax Act of Canada.
7.3.2. The HSA / WSA shall be administered by XXXXX, and the Employer will assume the cost of administering the plan.
