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
Pensions
- Canada Life Treasurer’s Guide for Canadian Baptist Pension Plan (PDF)
- Excel template file (to accompany CBPP Contribution cheque when submitting to Canada Life) (XLSX)
- Request to Submit CBPP Contributions to Canada Life via direct debit
- Canada Life contact for employees: 1-833-900-3853
- Canada Life contact for treasurers: 1-833-552-3700
- Member can connect with Canada Life: Let’s connect (office365.com)
- Member booklets can be found on www.mycanadalifeatwork.com
If an employee chooses not to participate in the Plan, the employee must fill in a Pension Waiver Form. The church should keep the original signed waiver on file and send a copy to the CBAC Office.
Insurances
The insurance plan provides for Basic Life insurance, Dependent Life insurance, Health, Dental & Vision coverage, Long Term Disability, Employee Assistance Program and Accidental Death & Dismemberment insurance. Details on these coverages along with premiums can be found in the Treasurer’s Handbook.
Information
- Group Benefit Employee Booklet #1 – Basic Life, Dependent Life, Long Term Disability, Optional Life and CONTACT-Employee Assistance Program through Canada Life 1-866-289-6749)
- Group Benefit Employee Booklet #2 – Accidental Death & Dismemberment through Chubb Life Insurance Company of Canada
- Group Benefit Active Employees (English) or Group Benefit Active Employees (French) – Health, Dental and Vision Care through Canada Life
- Group Benefit Retired Employees Without Drug Coverage (English) or Group Benefit Retired Employees Without Drug Coverage (French)
- GroupNet for Plan Members – Access online services for health, dental and vision coverage with Canada Life.
- Travel Assistance
- Canada Life Member Care Centre 1-800-957-9777
Employee and Family Assistance Plan (EAP)
Waiver
- Insurance Waiver (PDF) To be filled in if employee does not want to participate in all insurances including Basic Life and Long Term Disability. Please keep a copy at the church and send one to Karen Gunn, Pension & Benefits Manager.
Benefits
The CBAC provides a group benefit plan and a defined contribution pension plan in our partnership with Canadian Baptist Ministries, Canadian Baptists of Ontario and Quebec, Canadian Baptists of Western Canada and French Baptist Union. Since these are compulsory plans, churches are obligated to offer them to all employees that qualify. For further information regarding eligibility please refer to the Treasurer’s Handbook.
Forms
- New Employee enrollment forms
- Confidential Information Sheet – This form must be sent in 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.