Overview
This directive sets out the premium rates for the benefit plans for employees in salaried positions. Premium rates that are monthly are deducted bi-weekly, determined by taking the annual premium amount (monthly premium rate times 12 months) and dividing it by the number of pay periods in the calendar year.
Current rates
Benefit plans and rates
| Effective Date | Benefit Plan | Coverage Type | Total |
|---|---|---|---|
| Canada Pension Plan | |||
| January 1, 2024 | Canada Pension Plan 1 | Yearly Maximum Pensionable Earnings | $68,500 |
| Basic Exemption | $3,500 | ||
| Employee Rate | 5.95% | ||
| Yearly Maximum Employee Contribution | $3,867.50 | ||
| Employer Rate | 5.95% | ||
| January 1, 2024 | Canada Pension Plan 2 | Additional Maximum Pensionable Earnings | $73,200 |
| Employee Rate | 4.00% | ||
| Employer Rate | 4.00% | ||
| Maximum Additional Annual Employee and Employer Contribution | $188.00 | ||
Note: Effective January 1, 2024, a second additional CPP contribution (CPP2) is introduced. CPP2 is made on these earnings above the annual maximum pensionable earnings using the above rates and maximums. | |||
| Employment Insurance | |||
| January 1, 2024 | Employment Insurance | Maximum Annual Insurable Earnings | $63,200 |
| Employee Rate | 1.66% | ||
| Annual Maximum Employee Contribution | $1,049.12 | ||
| Employer Rate | 1.177 x Employee Contribution | ||
Note: Since employee sick leave benefits are funded by the employer, the employer pays a reduced employment insurance rate. The employee's portion of the reduction is recognized as an employee contribution towards these benefits. The employer pays the greatest share of the total bi-weekly employment insurance premium. | |||
MyCHOICE (bargaining unit employees)
MyCHOICE – health and dental plans – bi-weekly premium rates
| Effective Date | Benefit Plan | Coverage Type | Employee Bi-weekly Rate | Employer Bi-weekly Rate | Total Bi-weekly Rate |
|---|---|---|---|---|---|
| June 25, 2023 | Core Extended Medical Benefits Plan | Single Family | $9.89 $16.87 | $9.89 $16.87 | $19.78 $33.74 |
| June 25, 2023 | Enhanced Extended Medical Benefits Plan | Single Family | $22.34 $43.28 | $9.89 $16.87 | $32.23 $60.15 |
| June 25, 2023 | Core Prescription Drug Plan | Single Family | $17.67 $32.82 | $17.67 $32.82 | $35.34 $65.64 |
| June 25, 2023 | Enhanced Prescription Drug Plan | Single Family | $23.34 $40.71 | $17.67 $32.82 | $41.01 $73.53 |
| June 25, 2023 | Core Dental Plan | Single Family | $0.00 $0.00 | $23.79 $57.07 | $23.79 $57.07 |
| June 25, 2023 | Enhanced Dental Plan | Single Family | $6.29 $15.12 | $23.79 $57.07 | $30.08 $72.19 |
MyCHOICE – group life insurance per $1,000 of insurance – monthly premium rates
| Effective Date | Benefit Plan | Employee Rate | Employer Rate | Total |
|---|---|---|---|---|
| June 26, 2022 | Basic Life | $0.0395 | $0.0790 | $0.1185 |
| AD & D | $0.0032 | $0.0064 | $0.0096 | |
| Total | $0.0427 | $0.0854 | $0.1281 |
| Effective Date | Benefit Plan | Age | Male | Female |
|---|---|---|---|---|
| July 1, 2008 | Enhanced Life Insurance (Smoker Rates) | |||
| The monthly premium rates, calculated on a bi-weekly basis, for Enhanced Life Insurance are totally paid for by the EMPLOYEE. | 0 – 35 | $0.04 | $0.03 | |
| 36 – 45 | $0.06 | $0.05 | ||
| 46 – 50 | $0.14 | $0.11 | ||
| 51 – 55 | $0.26 | $0.20 | ||
| 56 – 60 | $0.55 | $0.36 | ||
| 61 – 64 | $0.80 | $0.49 | ||
| 65 – 69 | $1.13 | $0.69 | ||
| July 1, 2008 | Enhanced Life Insurance (Non-Smoker Rates) | |||
| The monthly premium rates, calculated on a bi-weekly basis, for Enhanced Life Insurance are totally paid for by the EMPLOYEE. | 0 – 35 | $0.03 | $0.02 | |
| 36 – 45 | $0.04 | $0.03 | ||
| 46 – 50 | $0.09 | $0.07 | ||
| 51 – 55 | $0.17 | $0.13 | ||
| 56 – 60 | $0.37 | $0.24 | ||
| 61 – 64 | $0.53 | $0.33 | ||
| 65 – 69 | $0.76 | $0.46 |
MyCHOICE – dependent life insurance – bi-weekly premium rate
| Effective Date | Benefit Plan | Employee Bi-weekly Rate | Employer Bi-weekly Rate | Total Bi-weekly Rate |
|---|---|---|---|---|
| June 27, 2010 | Dependent Life | $2.192 | $0.00 | $2.192 |
MyCHOICE – Long Term Disability Income
| Effective Date | Long Term Disability Income | Employee Rate | Employer Rate |
|---|---|---|---|
| June 25, 2023 | 3.00% of insurable salary | 1.50% of insurable salary | 1.50% of insurable salary |
MyCHOICE – Flexible Spending Account
| Effective Date | Employee Rate | Employer Rate |
|---|---|---|
| April 1, 2019 | $0.00 | $900 per year |
1stchoice (management, opted out and excluded employees)
1stchoice – health and dental plans – bi-weekly premium rates
| Effective Date | Benefit Plan | Coverage Type | Employee Bi-weekly Rate | Employer Bi-weekly Rate | Total Bi-weekly Rate |
|---|---|---|---|---|---|
| June 25, 2023 | Core Extended Medical Benefits Plan | Single Family | $8.86 $17.70 | $8.86 $17.70 | $17.72 $35.40 |
| June 25, 2023 | Enhanced Extended Medical Benefits Plan | Single Family | $24.08 $48.20 | $8.86 $17.70 | $32.94 $65.90 |
| June 25, 2023 | Core Prescription Drug Plan | Single Family | $15.04 $30.09 | $15.04 $30.09 | $30.08 $60.18 |
| June 25, 2023 | Enhanced Prescription Drug Plan | Single Family | $21.00 $42.01 | $15.04 $30.09 | $36.04 $72.10 |
| June 25, 2023 | Core Dental Plan | Single Family | $0.00 $0.00 | $24.25 $60.63 | $24.25 $60.63 |
| June 25, 2023 | Enhanced Dental Plan | Single Family | $11.64 $29.10 | $24.25 $60.63 | $35.89 $89.73 |
1stchoice – group life insurance per $1,000 of insurance – monthly premium rates
| Effective Date | Benefit Plan | Employee Rate | Employer Rate | Total |
|---|---|---|---|---|
| June 26, 2022 | Basic Life | $0.0041 | $0.0081 | $0.0122 |
| AD & D | $0.0032 | $0.0064 | $0.0096 | |
| Total | $0.0073 | $0.0145 | $0.0218 |
| Effective Date | Benefit Plan | Age | Male | Female |
|---|---|---|---|---|
| July 1, 2007 | Enhanced Life Insurance (Smoker Rates) | |||
| The monthly premium rates, calculated on a bi-weekly basis, for Enhanced Life Insurance are totally paid for by the EMPLOYEE. | 0 – 35 | $0.04 | $0.03 | |
| 36 – 45 | $0.06 | $0.05 | ||
| 46 – 50 | $0.14 | $0.11 | ||
| 51 – 55 | $0.26 | $0.20 | ||
| 56 – 60 | $0.55 | $0.36 | ||
| 61 – 64 | $0.80 | $0.49 | ||
| 65 – 69 | $1.13 | $0.69 | ||
| July 1, 2007 | Enhanced Life Insurance (Non-Smoker Rates) | |||
| The monthly premium rates, calculated on a bi-weekly basis, for Enhanced Life Insurance are totally paid for by the EMPLOYEE. | 0 – 35 | $0.03 | $0.02 | |
| 36 – 45 | $0.04 | $0.03 | ||
| 46 – 50 | $0.09 | $0.07 | ||
| 51 – 55 | $0.17 | $0.13 | ||
| 56 – 60 | $0.37 | $0.24 | ||
| 61 – 64 | $0.53 | $0.33 | ||
| 65 – 69 | $0.76 | $0.46 |
1stchoice – dependent life insurance – bi-weekly premium rate
| Effective Date | Benefit Plan | Employee Bi-weekly Rate | Employer Bi-weekly Rate | Total Bi-weekly Rate |
|---|---|---|---|---|
| June 27, 2010 | Dependent Life | $1.384 | $0.00 | $1.384 |
1stchoice – Long Term Disability Income
| Effective Date | Employee Rate | Employer Rate |
|---|---|---|
| June 25, 2023 | $0.00 | 1.30% of insurable salary |
1stchoice – Health Spending Account
| Effective Date | Employee Rate | Employer Rate |
|---|---|---|
| April 1, 2012 | $0.00 | $950 per year |
About this directive
| Authority: | Government Organization Act Collective Agreement, Article 34 Collective Agreement, Article 35 |
|---|---|
| Application: | Organizations under the Public Service Act |
| Effective Date: | June 25, 2023 |
| Contact: | Alberta Public Service Commission: Strategic Services and Public Agency Secretariat; Total Compensation and Job Evaluation Policy Unit |