A detailed benefits booklet can be found on the Power Sector Benefit Trust and Retirement Program website. The following is a brief summary of benefit highlights:
Flat amount of $100,000
Dependents Group Life
Accidental Death & Dismemberment
Each member and spouse:
Each member's and spouse's life insurance and Accidental Death and Dismemberment benefits reduce 50 percent on the members 65th birthday. All benefits cease on the members 70th birthday.
Pay Direct Drugs
The maximum dispensing fee is $7.00 per prescription (Drug Identification number).
All drugs requiring a prescription by law are covered plus certain drugs not requiring a prescription
Extended Health Care
Payment is made based upon the current Ontario Dental Association Schedule of Fees for General Practitioners. There is no annual deductible.
Reimbursement is 100% of covered charges.
Coverage is for Basic and Preventive procedures and includes coverage for periodontal work (treatment of gum disease) and root canal treatment (endodontics). Repair and adjustment of dentures is also covered.
Long Term Disability
65 percent of wages to a maximum of $2,500 per month. 119-day waiting period.