D.A. TOWNLEY  -  Plan Administrators  
 

health benefits

 
 
 

BC MARINE INDUSTRY RETIREMENT BENEFIT PLAN


Upon retirement on or after January 1, 2002 and collection of the Towboat Seamen Retirement Pension, retired Members, who have been Members of the BC Marine Industry Employee Benefit Plan are entitled to receive MSP family coverage and $200 per year reimbursement of Extended Health Care expenses. Those eligible Members retiring on or after October 1, 2006, who have been a participant in either the BC Marine Industry Employee Health Benefit Plan or the Towboat Seamen Retirement Plan or an equivalent Plan at the discretion of the Trustees, for a minimum of two consecutive years immediately preceding retirement, shall be eligible for 50% reimbursement of Dental expenses up to $1,000 per family per calendar year; reimbursement to a maximum of $250 for eligible Vision expenses every 24 months; 100% reimbursement of eligible Extended Health Care expenses (no out of Country coverage); and full MSP coverage. Coverage will be provided until the date of death of the retired Member, to the extent that funding remains available in the BC Marine Industry Retirement Benefit Plan. However, the Trustees reserve the right to amend these benefit levels, from time to time, in consideration of the financial status of the Plan.

 

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Government of BC site for PharamCare

 
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