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.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
