Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.2.1 Effective until August 31, 2022, the School Division will contribute one thousand, one hundred and fifty-two dollars ($1,152) per year on behalf of each eligible teacher to the ASEBP combined HSA / WSA.
7.2.1.1 Effective September 1, 2022, the maximum allowed HSA / WSA credit contributions per school year shall be nine hundred dollars ($900). Teachers with HSA / WSA balances greater than nine hundred dollars ($900) shall be allowed to be carried forward any current unused balance to the extent permitted by the Canada Revenue Agency (CRA).
7.2.2 The HSA / WSA (Plan 2) will be administered by ASEBP as allowed by CRA rules for the benefit of that teacher and their dependents(s).
7.2.3 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.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. The School Division will contribute for each teacher on a continuing, probationary, or temporary contract of one (1) year’s duration, a combined HSA / WSA with ASEBP. Eligible teachers shall be actively at work, on maternity leave, on paid sick leave or an extended disability. The School Division will contribute annually an amount of seven hundred and twenty-five dollars ($725) for each eligible teacher.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. Each teacher will have access to a personal HSA / WSA. The rate will be as follows: $725 per FTE.
7.3.2. The amounts are prorated 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. Teachers leaving the employ of the School Division will forfeit any remaining balance.
7.3.3. On an annual basis, each eligible teacher will have the option to allocate all or a portion of their annual HSA credit to a WSA. If the annual credits are not allocated, then all credits will be allocated to their HSA. Allocation of funds and its use will be at the sole discretion of the teacher.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1 The School Division agrees to contribute per eligible teacher, each year, to a Health Spending Account (HSA).
7.3.2 Annual contributions shall be: $850.00.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. ASEBP HSA / WSA of sixty-three dollars ($63) per month.
7.3.2. The HSA / WSA plan shall be administered by ASEBP in accordance with the Canada Revenue Agency and the Income Tax Act of Canada.
7.3.2.1. The minimum amount of HSA / WSA will be $725.00 per benefit year.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. The School Division will contribute seven hundred and twenty-five dollars ($725.00) annually to an HSA for each eligible teacher. 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.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. The School Division will establish an HSA / WSA for each of its eligible teachers that adheres to Canada Revenue Agency (CRA) requirements. Any unused balance in the HSA / WSA at the end of a school year will be carried forward to the extent permitted by the CRA. Teachers who are no longer employed by the School Division forfeit any remaining balance in the HSA / WSA.
a) Eligible teachers shall be teachers who are employed by the School Division on continuing, probationary, interim, or temporary contracts, including teachers on extended disability leave and subject to the limitations of clause 7.3.1
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. The School Division will establish for each teacher an HSA / WSA that adheres to Canada Revenue Agency requirements. The School Division will contribute $60.41667 per month for each FTE teacher. This contribution shall be prorated 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.
7.3.2. The School Division shall maintain an HSA / WSA to all eligible teachers. The School Division will contribute $725.00 for each teacher. The plan shall be administered by ASEBP in accordance with Canada Revenue Agency and the Income Tax Act of Canada.
Health Spending Account (HSA) / Wellness Spending Account (WSA). 7.3.1. The School Division will establish, for each eligible teacher, an HSA / WSA that adheres to Canada Revenue Agency (CRA) requirements and administered by ASEBP. On an annual basis, each eligible teacher will have the option to allocate all or a portion of their annual HSA credit to a WSA. If the annual credits are not allocated, then all credits will be allocated to their HSA. Allocation of funds and its use will be at the sole discretion of the teacher. The School Division will establish annual HSA credits of $725.00 per eligible teacher, contributed in equal monthly installments, prorated to an employee’s FTE. “Eligible teacher” under this provision means a teacher on a continuing, probationary, temporary, or interim contract. 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.
