Administrative Procedure 437
Support Staff Employee Pension
Background
The Lloydminster Public School Division shall provide a superannuation plan for all qualified support staff employees subject to the following procedures.
Procedures
- With an exception of those employees required to hold teaching certificates, the plan applies to all employees on continuing contracts working 15 hours per week or more.
- The employee shall participate in the retirement plan effective the first day of their continuing employment.
- Employees will be notified when they are eligible for the plan and shall complete an enrolment application.
- The Lloydminster Public School Division will match employee contributions as specified in the pension plan documentation.
- Regular statements regarding the status of an employee’s personal pension account will be provided to the employee, in keeping with the practices of the pension plan provider.
- Upon retirement, the accumulated proceeds of the individual employee’s plan may be applied to an annuity in keeping with government regulations and the provisions of the carrier's plan.
- Government regulations relative to cash withdrawal of pension contributions shall apply.
- Concerns or questions regarding superannuation are to be directed to the Superintendent of Education.
Reference
Section 85, 87, Education Act, 1995
Saskatchewan Employment Act
Section 25, 26 Labour Standards Regulations
Revised
September 2015
August 2023