RED DEER LOCAL #60 OF THE ALBERTA TEACHERS' ASSOCIATION
Alberta School Employee Benefits Plan
Teachers in Red Deer Public School District have Health Benefits that are provided by Alberta School Employee Benefit Plan (ASEBP). Please see below for for more information please visit www.asebp.ab.ca or call 1-877-431-4786.
New to HSA? Click here for a quick fact sheet.
Health Spending Accounts (HSA) Information
HSAs are paid throughout the year. You should see your money, if claimed online properly, within a week. For more information please visit www.asebp.ab.ca for more changes that are happening Jan 1, 2017. For information about the new changes to Therapeutic Alternative Reference Pricing, please click here.
Contributions to your HSA are now added monthly - in this case approx $96.00 per month. The District has no flexibility to adjust the timing by which credits are added to employee accounts. If you submit a large expense (e.g. $1100), it will be reimbursed to you in quarterly instalments as credits are accumulated in your account. Each of the two HSA plans has advantages and disadvantages.
In Plan 1, the employer contributes monthly and there are five times (including the 60 day run off to October 31) in which the teacher can submit and be reimbursed for expenses. In Plan 2, the employer gives the money up front and the teacher can only submit twice a year, (including the 60 day run off to October 31).
For those of you wondering about Massage Therapy expenses, the following is straight from ASEBP:
You have coverage to see a massage therapist under your Extended Health Care (EHC) plan. The coverage is $50 per treatment, one treatment per day to a calendar year (Jan – Dec) maximum of $400. The provider must be a registered provider. The balance may be claimed under your Health Spending Account.
Make a change!
Do you know what your FICO score is? Your credit or FICO score (created by Fair Isaac and Company) is a mathematical formula based on the information in your credit report. It is used by lenders to help them decide whether or not you’re a good credit risk. Scores range from 300 to 900, with a lower score indicating a bad credit risk.
When we first borrow money or apply for credit, consumer reporting agencies establish a file on us. On a regular basis, companies that lend money or issue credit cards, including banks, finance companies, credit unions, and retailers, send specific factual information related to the financial transactions they have with you to the consumer reporting agencies. These agencies organize and store this information for six to seven years and they are governed by provincial laws.
Your file might contain a listing of your credit cards or lines of credit and a history of whether you have paid on time, if you have declared bankruptcy, or if an unpaid bill was sent to a collection agency. It’s important to know what is in your credit file as credit may be denied based on accurate or insufficient information. Once each year you can request a copy of your credit report to be sent to you by mail from either Equifax or Trans Union. This service is free and details are on their websites (look carefully, many of the reports that are promoted have a service fee).
Your credit rating is your financial reputation and you will want to protect it! Find out what it is and, if necessary, take steps to improve it.
Employee Family Assistance Program (EFAP)
What is it?
EFAP is a new ASEBP program to support alberta school employees with childcare, eldercare, financial and legal issues.
Who is eligible?
This is available to anyone that currently has ASEPB and their dependants.
How do I access these services?
You can call Homewood Health (TM) at 1-800-663-1142, after Janurary 1, 2015 to access EFAP Services. Homewood Health is a trusted Canadian company specializing in providing employee assistance and workplace solutions. For over 30 years, they have helped thousands of employees and family membesr resolve personal issues and lead healthier, happier lives.
For more information please click the following:
Sick Leave & Medical Leave Information
Some highlights from Section 12 of our Collective Agreement
In the first year of service with the Board, a teacher shall be credited with twenty (20) days of sick leave at the beginning of the school year.
During the second and subsequent years of service, annual sick leave with full salary and benefits will be granted for the purpose of obtaining necessary medical or dental treatment, or because of accident, skineess or disability for (90) calendar days.
More informtion to come after January 1, 2015, as there are changes to ASEBP policies and plans.
Information on Health Spending Accounts
Info on what you can spend your HSA on
What is covered?
HSA Info - New for 2014-2015 year
Additional HSA Info
How to submit HSA?
My ASEBP app
Once you've registered for a My ASEBP account don't forget to download our free mobile app.
It allows you to manage your ASEBP benefits anytime, anywhere!
You can download it from the Apple App Store or from Google Play.