Academic Executive: Benefit Eligibility, Start Dates and Cost

Academic Executives hold senior academic roles – such as president, provost, vice president and associate vice president – at UBC.

The benefits you are eligible for as an Academic Executive depend on your age at your date of hire.

Before you enrol in your benefits package, please review the table below to familiarize yourself with:

  • the benefits you are eligible for,
  • whether these benefits are mandatory or optional,
  • the date that each benefit will become effective, and
  • the monthly cost of each benefit.

Once you have decided which of the optional benefits you want to sign up for, please complete the UBC Benefits Sign-On Session. You will need the enrolment code listed below to complete this session. Your Benefits Enrolment Code is also included on your Letter of Offer.

Age at Date of Hire Benefits Enrolment Code
Under 65 SEP001
Between 65 and 71 SEP013
Over 71 SEP012 (payroll forms only)

You may also be eligible for the following benefits and entitlements:

You do not need to enrol in the above benefits. You apply for these benefits when you want to use them.

Benefit Mandatory or Optional Available up to specified age Effective date Your cost (per month UBC pays (per month)
Medical Services Plan Optional Under 71 First day of the month on or after your date of hire.

If you are new to BC, you have an MSP “statutory waiting period” consisting of the balance of the month of arrival, plus two months. You will be enrolled on the first day of the month that immediately follows the waiting period.

One adult: $75

 

Two adults: $150

 

Dependent children are covered at no additional cost

$0
Extended Health Plan Optional Under 71 First day of the month on or after your date of hire.

If you are new to Canada, you have an MSP “statutory waiting period” consisting of the balance of the month of arrival, plus two months. You will be enrolled in the Extended Health Plan on the first day of the month immediately following the waiting period.

$0 Single: $52.00

Single + dependent: $128.28

Family: $128.28

Dental Plan Optional Under 71 First day of the month on or after your date of hire. $0 Single: $55.10

Single + dependent: $104.50

Family: $174.20

Employee and Family Assistance Program Mandatory Under 71 First of the month on or after your date of hire. You will be automatically enrolled in this benefit. $1.20 $2.80
Income Replacement Plan Mandatory Under 65 Date of hire. You will be automatically enrolled in this benefit. 1.176% of regular earnings $0
Basic Life Insurance Mandatory Under 71 Date of hire. You will be automatically enrolled in this benefit. $0 0.204% of regular earnings
Employees

Optional Life and Accidental Death & Dismemberment Insurance

Optional Under 71 You are eligible to apply on your date of hire; however, you must submit a Health Statement with your application, which is subject to approval by the insurer. Depends on age, amount and smoker status. Please see the OPT table and AD&D table. $0
Spouses

Optional Life and Accidental Death & Dismemberment Insurance

Optional Employee is under age 65 Your spouse is eligible to apply on your date of hire; however, they must submit a Health Statement with their application, which is subject to approval by the insurer. Depends on age, amount and smoker status. Please see the OPT table and AD&D table. $0
Faculty Pension Plan Mandatory Under 71 Date of hire. You will be automatically enrolled in this benefit. 5% to $3,500

3.2% between $3,500 and $55,300

5% over $55,300 of gross annual salary

10.0% to $3,500

8.2% between $3,500 and $55,300

10.0% over $55,300 of gross annual salary