Health Wellness Spending Account. As soon as possible after the date of ratification, but no later than September 1, 2020, the School Division shall provide a Health Spending Account/ Wellness Spending Account (HSA/WSA) to all eligible teachers. The School Division will contribute annually an amount of $750 for each 1. 0 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 years. Teachers leaving the employ of the School Division will forfeit any remaining balance.
Health Wellness Spending Account. 7.3.1. The School Division will establish, through a carrier of the School Division’s choice, for each eligible teacher, a Health / Wellness Spending Account (HSA/WSA) that adheres to Canada Revenue Agency (CRA) requirements. Eligible teachers shall be on a continuing or probationary contract, or a temporary contract of at least five (5) months duration. The School Division will contribute annually $750.00 per eligible teacher. The unused balance will be carried forward to the extent permitted by the CRA. Teachers leaving the employ of the School Division will forfeit any remaining balance.
Health Wellness Spending Account. 7.6.1 The Employer will establish for each teacher on a continuing, probationary or temporary contract of at least three (3) month’s duration, a Health Wellness Spending Account (HSA/WSA). Eligible teachers shall be actively at work, on maternity leave, on paid sick leave or on disability. Any unused amount shall carry forward one (1) year; any unused amount at the end of the carry over year shall be forfeited to the Employer. The HSA/WSA shall be operated in accordance with the Income Tax Act and the Canada Revenue Agency. Teachers on temporary or probationary contracts that are rehired by September 1 shall be entitled to carry over their previous amounts from the previous year. Effective September 1, 2021, the Employer will contribute seven hundred twenty-five dollars ($725) per year for each eligible teacher. Effective September 1, 2023, the Employer will contribute eight hundred ($800) per year for each eligible teacher, pro-rated based on full time equivalent (FTE) for teachers on part-time contracts.
Health Wellness Spending Account. 7.2.1 Effective until December 31, 2021, the Foundation will establish for each teacher a Health Spending Account (HSA). Eligible teachers shall be actively at work, on maternity or parental leave, on paid sick leave, or on disability. Any unused amount shall carry forward one year; any unused amount at the end of the carry over year shall be forfeited to the Foundation.
Health Wellness Spending Account. 7.3.1 The School Division will establish, for each eligible teacher, a Health Spending Account (HSA)/ Wellness Spending Account (WSA) that adheres to Canada Revenue Agency (CRA) requirements and administered by the Alberta School Employees Benefit Plan (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 $700 per eligible teacher, contributed in equal monthly installments, prorated to an employee’s FTE. “
Health Wellness Spending Account. 7.6.1 The Employer will establish for each teacher on a continuing, probationary or temporary contract of at least three month’s duration, a Health Spending Account. Eligible teachers shall be actively at work, on maternity leave, on paid sick leave or on disability. Any unused amount shall carry forward one year; any unused amount at the end of the carry over year shall be forfeited to the Employer. The HSA shall be operated in accordance with the Income Tax Act and the Canada Revenue Agency. Teachers on temporary or probationary contracts that are rehired by September 1 shall be entitled to carry over their previous amounts from the previous year. Effective September 1, 2011, the Employer will contribute $651 per year for each eligible teacher. Effective September 1, 2021, the following repeals and replaces clause 7.6.1 above.
