Master Agreement Between the Government of the Province of Alberta and the
Alberta Union of Provincial Employees

Letter of Understanding #8

Paid Up Life Insurance

BETWEEN:
 

THE CROWN IN RIGHT OF ALBERTA
(THE EMPLOYER)

- and -


THE ALBERTA UNION OF PROVINCIAL EMPLOYEES
(THE UNION)

Paid Up Life Insurance for Retired or Terminated Employees
(Paid Up Life Insurance Plan)

 
1. The Paid Up Life Insurance Plan will continue to operate as currently established until March 31, 2012, after which the policy of insurance (43932GL) will not be renewed.
2. Eligible employees who terminate or retire on or before March 31, 2012 will receive a paid up life insurance certificate.
3. New employees who commence on or after April 1, 2012 are not eligible for the Paid Up Life Insurance Plan.
4. In accordance with the current plan rules for determining eligibility, employees who have not retired or terminated as of March 31, 2012 will be eligible for a paid up life insurance certificate based on their status and length of continuous service as of March 31, 2012. The certificate will be issued on termination or retirement of the employee.
  a. Employees with less than 10 years of continuous government service as of March 31, 2012 who (at a future date) retire immediately into the Public Service Pension Plan (PSPP) will receive a $4,000 certificate.
    i. Employees who are over the age of 70 on March 31, 2012 and at age 70 had less than 10 years of continuous government service will receive a $4,000 certificate.
  b. Employees who have between 10 and less than 20 years of continuous government service as of March 31, 2012 will receive a $5,000 certificate when they terminate or retire;
    i. Employees who are over the age of 70 on March 31, 2012 and at age 70 had between 10 and less than 20 years of continuous government service will receive a $5,000 certificate.
  c. Employees who have 20 years or more of continuous government service as of March 31, 2012 will receive a $7,000 certificate when they terminate or retire.
    i. Employees who are over the age of 70 on March 31, 2012 and at age 70 had over 20 years of continuous government service will receive a $7,000 certificate.
5. The status of the reserve fund will be monitored and any future funding requirements until the plan has fully paid out the accrued benefits will be funded from core life insurance premiums. Any surplus remaining when benefits have been fully paid out will remain part of the core life insurance plan.
   
Dated this 7th day of July, 2014
 
ORIGINAL SIGNED ORIGINAL SIGNED
DWIGHT DIBBEN
Public Service Commissioner
GUY SMITH
President, Alberta Union of Provincial Employees

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Article
No.

Article Title

Preamble
1 Definitions
2 Terms of Employment
3 Master/Subsidiary Agreements
4 Application
5 Management Recognition
6 Union Recognition
7 Legislation and the Collective Agreement
8 Union Membership and Dues Check-Off
9 Employer-Union Relations
10 Employer-Employee Relations
11 Time Off for Union Business
12 Lay-Off and Recall
13 Attendance
14 Acting Incumbent
15 Position Abolishment
16 Hours of Work
17 Overtime
18 Shift Differential
18A Weekend Premium
19 Call Back Pay
20 Reporting Pay
21 Standby Pay
22 Northern Allowance Pay
23 Workers' Compensation Supplement
24 Forest Fire Operations, Flood Control and Pollution Control
25 Correctional Institution Salary Allowance
26 Authorized Expenses
27 Probationary Employee and Period
28 Disciplinary Action
29 Grievance Procedure
30 Institutional Fire Prevention and Control
31 Casual Illness
32 General Illness
33 Proof of Illness
33A Long Term Disability (LTD)
34 Health Plan Benefits
35 Insurance
36 Paid Holidays
36A Christmas Closure
37 Annual Vacation Leave
38 Special Leave 
39 Military Leave
40 Adoption/Parental Leave
40A Maternity Leave
41 Court Leave
42 Employment Insurance Premium Reduction
43 Safety and Health
44 Parking
45 Rates of Pay
46 Leave Without Pay
47 Term and Effective Date
48 Printing of Agreements
49 Employee Benefits Committee
50 Harassment and Discrimination
Supplement I - Institution Fire Prevention and Control Fire Fighters - Schedule of Remuneration
Supplement II - Modified or Flexible Hours of Work
Addendum I
Addendum II
Letter of Understanding #1 - Terms of Reference Article 49 - Employee Benefits Committee
Letter of Understanding #2 - Employment Standards Code, Scheme of Employment Covering the Master and Subsidiary Agreements
Letter of Understanding #3 - Separation Payment for Restructuring
Schedule - Separation Payment
Standard Separation Payment for Restructuring Termination Agreement for Bargaining Unit Employees
Letter of Understanding #4 - Separation for Temporary Employees and 2850 Hour Wage Employees
Standard Separation for Temporary and 2850 Hour Wage Bargaining Unit Employees Termination Agreement
Letter of Understanding #5 - Payout of Annual Vacation
Letter of Understanding #6 - 6 and 3 Work Schedules
Letter of Understanding #7 - Health Spending Account
Letter of Understanding #8 - Paid Up Life Insurance
Letter of Understanding #9 - Legal Fees
Letter of Understanding #10 - Legal Indemnification
Letter of Understanding #11 - Northern Trips
Letter of Understanding #12 - Northern Leave
Letter of Understanding #13 - Attraction Bonus
Letter of Understanding #14 - 55th to 57th Parallel Retention Allowance
Letter of Intent #1 - Employee Relations Committees
   
Note: The following Letters do not form part of the Master Agreement but are included here for  information purposes only.
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