2021 Member Contribution Rates and MQI
Despite the many challenges presented this year due to the Covid-19 pandemic, the Pension and Benefits office remains committed to supporting plan members during this time of uncertainty. We will continue to strengthen our electronic communication platform and navigate new ways to present you with up-to-date, timely information.
Maximum Qualifying Income (MQI):
As recorded in the 2021 Minimum Stipend and Allowance schedule (Records and Statistics 2020, p. 5), given the implications of the pandemic on the church, the Assembly Council approved, on an exceptional basis a COLA of 0% for 2021. This means the (MQI), which is the maximum figure that can be used for pension and group insurance calculations, will remain the same in 2021 as 2020. Effective January 1, 2021 the Maximum Qualifying income remains $74,880 per annum.
The Qualifying Income for clergy is calculated as the sum of the actual stipend plus an additional 60% of stipend (in respect of allowances) up to the annual maximum.
For non-clergy, the Qualifying Income is calculated as the sum of salary + Health and Dental premium, if applicable. The Health and Dental premium for 2021 is $4,592.
If the Qualifying Income equals more than the MQI set by the General Assembly, then the maximum is used to determine payroll deductions.
Member Pension Contributions: In 2021, the member pension contribution rate will remain 9%.
Group Insurance Rate: In 2021 the group insurance rate will increase from 1.5% to 1.7%. The group insurance rate is based on the premium cost for plan member usage. Factors that increase rates include long-term disability (LTD) claims and life insurance claims. For the benefits to remain tax free when claimed, the premium must be fully paid by the member.
Member pension and group insurance contributions are made by payroll deductions by your treasurer or payroll administrator.
Sun Life Optional Life Campaign
We are excited to announce that Sun Life is currently offering PCC group benefit plan members the opportunity to apply for your first $100,000 of optional life insurance coverage without answering any health questions!
This offer is available for the month of November. All applications received between November 2nd and November 30th will be eligible for up to $100,000 of Optional life insurance coverage without providing a health assessment.
Click Here to Learn More!
Extended Health Care Benefit Update – Nurse Practitioners
Sun Life has announced that they are updating the Extended Health Care (EHC) benefit effective, December 1, 2020. Where provincial law allows, Sun Life will clarify that nurse practitioners (NP’s) can prescribe certain supplies and services.
Sun Life is making this change to help members and their dependents get access to the care you need, when you need it. Some examples of what a nurse practitioner (NP) can prescribe include certain paramedical services and medical equipment.
Sun Life is adding the following wording to the General description of coverage in the EHC section of your benefits plan:
Reference to Doctor may also include a nurse practitioner – If the applicable provincial legislation permits nurse practitioners to prescribe or order certain supplies or services, Sun Life will reimburse those eligible services or supplies prescribed or ordered by a nurse practitioner the same way as if they were prescribed or ordered by a doctor.
For drugs, refer to Other health professionals allowed to prescribe drugs. For ease of reference, the Other health professionals allowed to prescribe drugs is as follows:
Sun Life will reimburse certain drugs prescribed by other qualified health professionals the same way as if the drugs were prescribed by a doctor or a dentist if the applicable provincial legislation permits them to prescribe those drugs.
EAP Webinars – Fall 2020 to Spring 2021
The Pension and Benefits office is pleased to bring you these new and informative webinars for 2020-2021. The webinars are provided by the Employee Assistance Program (EAP) for all members and are free to participate in. Head to the webinar web page at presbyterian.ca/pension-and-benefits-events/ to register for all upcoming webinars and watch recordings of past webinars!
Communication Skills for Families
November 24th – 2pm EST
Communication is a fine art that we often take for granted. This webinar will bring light to how important open communication within the home is and how it helps to improve the overall quality of the family dynamic.
Click here to register!
Basics of Estate Planning
February 17th – 2pm EST
Although most people think estate planning is just for the elderly, it is always good to be prepared at any age. This includes deciding who will receive your estate, who will make arrangements for disability or medical care and who will take over guardianship for minor children. Properly done, estate planning can remove many burdens from surviving family members during a stressful time.
Awakening the Passion in Your Life
May 12th – 2pm EST
Do you admire people who always seem excited and passionate about what they do? Do you want to wake up every morning with great anticipation about what the day will bring? This workshop is about looking within yourself to find the “buttons” to push to bring out your passion!
What is the Employee Assistance Program?
The Employee Assistance Program is provided by ComPsych GuidanceResources and offers counseling, legal and financial consultation, work-life assistance and crisis intervention services to all our employees and their household family members.
To register: Go to guidanceresources.com and click the Register tab
Organization Web ID: COM589
First five (5) characters of the name of your organization: Presb
Your organization: Presbyterian Church in Canada
Holiday Safety Tips
Celebrating holidays, birthdays and events have been very different this year, and with Christmas just around the corner, here are some helpful tips to keep safe while celebrating!
Prepare Pre-packaged Snacks
Having guests over, especially during the colder months where you can’t socially distance outside, can be tricky. To help minimize cross contamination and maintain a safe, social distance, try preparing separated snack and dessert packs or individual bags of hot chocolate or tea with mugs ahead of time. You can hand them out as guests arrive and everyone can enjoy snacks and warm beverages at a distance!
Virtual Gift Giving
Visiting family and friends might not be as easy this year. Instead, you can opt for a virtual gift exchange or set up secret Santa with the help of a website such as Elfster! Send gifts by mail or pick a slotted time to drop off gifts in advance, then dedicate a few hours to opening them virtually together!
Be Mindful When Visiting
Every town, city or district has different rules set in place for Covid-19 social distancing practices and every family and home might have varying levels of precautions to keep the family safe and healthy. When visiting family or friends, be mindful of the rules and practices they have in place, even if it’s different from your own. If you are having guests over, make a list ahead of time and inform them on what safety practices you ask that they follow while in your home!
Is Your Contact Information Up to Date?
To help make sure you are always informed and to keep your records updated, we ask that you contact us with any updates or changes to your information, this includes:
- Changes to your address, phone number or email
- Life events that include marital status, birth, adoption or death
- A second contact or Power of Attorney
- Any changes that may include your Beneficiaries