Pension & Benefits
Through our Pension & Benefits Board, the CBAC is able to provide excellent pension and benefits services for staff of our CBAC churches, Acadia Divinity College, Crandall University, and other church-related agencies.
The Pension & Benefits Board
We are part of the National Pension & Insurance Committee, which gives oversight to the Canadian Baptist Pension Plan and most of the other benefits provided (Life and disability insurances, Employee Assistance Program).
The role of the Pension and Benefits Board is to carry out the mandate given to it by the Canadian Baptists of Atlantic Canada, which is to serve the CBAC by:
- Providing financial assistance in cases of need for our pastors, their spouses, widows, widowers, or orphans, and returned missionaries residing in the Atlantic Provinces;
- Administering a CBAC Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Board; and
- Administering a Group Insurance Plan or Plans for CBAC employees, pastors and others who qualify under the Regulations of the Board.
Resources
Eligibility
Health & Wellbeing
- Any permanent employee working a minimum of 20 hours per week is eligible. The effective enrollment date is the employee’s date of hire or upon completion of the probationary period, if applicable.
- Employees are considered permanent upon completion of their probationary period.
Pension
- Any permanent employee is eligible to enroll in the Canadian Baptist Pension Plan, provided they:
- Have not attained age 71 at the time of application,
- Are not enrolled in any other Group Pension Plan, and
- Meet the minimum requirements under provincial legislation:
- Nova Scotia & PEI: work a minimum of 700 hours per year
- New Brunswick & Newfoundland: earn a minimum of 35% of Yearly Maximum Pensionable Earnings (YMPE)
- Employees are considered permanent upon completion of their probationary period.
- The effective enrollment date is either the employee’s date of hire or the completion of the probationary period, as applicable.
- Participation in the plan is voluntary, but once enrolled, membership cannot be terminated, and funds cannot be withdrawn while employed by a participating employer.
Please select a tab below based on your situation to view the resources relevant to you.
Health & WellBeing
- Medical & Dental, including Travel Assistance
- Basic Life Insurance
- Dependent Life Insurance
- Long-Term Disability
- Accidental Death & Dismemberment
- Employee Family Assistance Program (EFAP)
My Canada Life at Work
Website
Access all of your services for coverage with Canada Life, including health, dental, and vision.
Make a claim, check coverage and balances, discover resources, and more
Member Care
Phone
Medical and Dental only
Booklets
Active Employees (English)
Active Employees (French)
Health, Dental and Vision Care through Canada Life
Active Employee Booklet #1
Basic Life, Dependent Life, Long-Term Disability, Optional Life and EFAP
Active Employee Booklet #2
Accidental Death & Dismemberment through Chubb Life Insurance Company of Canada
Travel Assistance
World-wide support in emergency medical situations
Employee & Family Assistance Plan (EFAP)
Phone
Contact the EFAP through Canada Life
Telus Health One
Website
Login, then create a personal account (User ID: canadalife, Password: telus1)
Pension
The CBAC administers a Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Pension & Benefits Board.
Canada Life is the pension record keeper, CBBenefits is the program manager.
My Canada Life at Work
Website
View your savings balance and access resources
Member Care
Phone
Pension only
Meeting Requests
Booklets
The most up-to-date versions can be found on the My Canada Life at Work website
Optional TFSA
You may be interested in the option to have a Tax Free Savings Account
Resources
Website
The CBBenefits website has excellent resources explaining our members’ “Retirement & Savings” benefits.
Please note that the “Health & Wellbeing” information on the CBBenefits website is not relevant to our benefits plan.
Please note that it is not possible to start plan membership after the age of 71
Health & WellBeing
- Medical & Dental, including Travel Assistance
- Basic Life Insurance
My Canada Life at Work
Website
Access all of your services for coverage with Canada Life, including health, dental, and vision.
Make a claim, check coverage and balances, discover resources, and more
Member Care
Phone
Medical and Dental only
Booklets
Active Employees (English)
Active Employees (French)
Health, Dental and Vision Care through Canada Life
Active Employee Booklet #1
Basic Life Insurance only. Note that Dependent Life, Long-Term Disability, Optional Life and EFAP do not apply.
Travel Assistance
World-wide support in emergency medical situations
Please note that you must convert registered savings plans by the end of the year you turn 71
Pension
The CBAC administers a Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Pension & Benefits Board.
Canada Life is the pension record keeper, CBBenefits is the program manager.
My Canada Life at Work
Website
View your savings balance and access resources
Member Care
Phone
Pension only
Meeting Requests
Booklets
The most up-to-date versions can be found on the My Canada Life at Work website
Optional TFSA
You may be interested in the option to have a Tax Free Savings Account
Resources
Website
The CBBenefits website has excellent resources explaining our members’ “Retirement & Savings” benefits.
Please note that the “Health & Wellbeing” information on the CBBenefits website is not relevant to our benefits plan.
Health & WellBeing
- Medical & Dental, including Travel Assistance
- Basic Life Insurance
- Dependent Life Insurance
My Canada Life at Work
Website
Access all of your services for coverage with Canada Life, including health, dental, and vision.
Make a claim, check coverage and balances, discover resources, and more
Member Care
Phone
Medical and Dental only
Booklets
Retired Members
Basic Life, Dependent Life
Travel Assistance
World-wide support in emergency medical situations
Prescription Drug Coverage
Please note that the plan does not cover prescription drugs as of the day you turn 65. You may apply for your provincial seniors drug program before that date to avoid a gap in coverage.
Pension
The CBAC administers a Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Pension & Benefits Board.
Canada Life is the pension record keeper, CBBenefits is the program manager.
My Canada Life at Work
Website
View your savings balance and access resources
Member Care
Phone
Pension only
Meeting Requests
Booklets
The most up-to-date versions can be found on the My Canada Life at Work website
Optional TFSA
You may be interested in the option to have a Tax Free Savings Account
Resources
Website
The CBBenefits website has excellent resources explaining our members’ “Retirement & Savings” benefits.
Please note that the “Health & Wellbeing” information on the CBBenefits website is not relevant to our benefits plan.
Health & WellBeing
- Medical & Dental, including Travel Assistance
- Basic Life Insurance
My Canada Life at Work
Website
Access all of your services for coverage with Canada Life, including health, dental, and vision.
Make a claim, check coverage and balances, discover resources, and more
Member Care
Phone
Medical and Dental only
Booklets
Retired Members
Basic Life Insurance only
Travel Assistance
World-wide support in emergency medical situations
Prescription Drug Coverage
Please note that the plan does not cover prescription drugs as of the day you turn 65. You may apply for your provincial seniors drug program before that date to avoid a gap in coverage.
Please note that you must convert registered savings plans by the end of the year you turn 71
Pension
The CBAC administers a Retirement Plan for CBAC employees, pastors, and others who qualify under the Regulations of the Pension & Benefits Board.
Canada Life is the pension record keeper, CBBenefits is the program manager.
My Canada Life at Work
Website
View your savings balance and access resources
Member Care
Phone
Pension only
Meeting Requests
Booklets
The most up-to-date versions can be found on the My Canada Life at Work website
Optional TFSA
You may be interested in the option to have a Tax Free Savings Account
Resources
Website
The CBBenefits website has excellent resources explaining our members’ “Retirement & Savings” benefits.
Please note that the “Health & Wellbeing” information on the CBBenefits website is not relevant to our benefits plan.
Resources
Website
The CBBenefits website has excellent resources explaining our members’ “Retirement & Savings” benefits.
Please note that the “Health & Wellbeing” information on the CBBenefits website is not relevant to our benefits plan.
Canada Life GRS Access
Website
Manage employee information
Contact for Treasurers
Phone
Pension only
Employee Forms
Pension Waiver
If an employee chooses not to participate in the Plan, the employee must fill in a Pension Waiver Form.
Insurance Waiver
If an employee does not want to participate in all insurances, including Basic Life and Long Term Disability.
For both of these forms, the church should keep the original signed waiver on file and send a copy to the CBAC Office.
Confidential Information Sheet
This form must be sent to the Pension and Benefits Manager as soon as there is a change in salary.
Canada Life requires the Total Salary figure to calculate the Long Term Disability premium. Once the form is received and calculated by Canada Life, the adjustment in premium will be billed back to the church.
If a member has to go on Long Term Disability, they will receive 67% of the last reported salary.