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 For each eligible teacher, the School Division will establish an HSA / WSA as offered by ASEBP.
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 shall contribute annually to an HSA / WSA as follows:
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).
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. 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.
Health Spending Account (HSA) and Wellness Spending Account (WSA). 7.3.1. The School Division will contribute annually, seven hundred and fifty dollars ($750.00) for each eligible teacher who works zero point four (0.40) FTE or greater, to an HSA / WSA that adheres to Canada Revenue Agency (CRA) requirements. 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. Eligible teachers shall be on a continuing or probationary contract, or a temporary contract of at least five (5) months duration. 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) 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.
