The Province of Nova Scotia and the Nova Scotia Government and General Employees Union established the Nova Scotia Public Service Long Term Disability Plan Trust Fund in 1985.
The legal basis for the Trust is an Agreement and Declaration of Trust. The original Trust agreement was made between the Province of Nova Scotia and the Nova Scotia Government and General Employees Union (NSGEU) effective May 1st, 1985. A new Trust Agreement was made between the two plan sponsors when the Trust was reconstituted on November 10, 2004.
The Agreement provides for the appointment of eleven trustees. Five members are appointed by the NSGEU (the Union), one of whom shall be designated by the Canadian Union of Public Employees (CUPE). Five members are appointed by the Province of Nova Scotia (the Employer) through the Lieutenant Governor in Council, one of whom is designated by the Nova Scotia Health Authority. The Union and the Employer jointly appoint an independent Chair.
Each Trustee is appointed to a term of three years and may serve three consecutive terms. The trustees meet as frequently as they determine, but not fewer than four times annually.
The purpose of the Trust is to receive and hold monies in the Fund to maintain and continue the Nova Scotia Public Service Long Term Disability Plan Trust Fund. The monies shall be used exclusively for the purpose of providing long-term disability and ancilliary benefits in accordance with the terms of the Plan.
Participating employers must sign an agreement with the Trust before their employees are eligible for the benefit plan.
Currently seventeen employers participate in the Plan with some or all of their employees included as plan members. Covered are over 13,323 employees located throughout the province. Participating employers range in size from five employees to one employer with greater than five thousand employees.
A copy of the Trust Agreement is provided to all participating employers and is available on this website in addition to the Plan Document and Guidelines.
The Trust's objectives are:
- Payment of benefits to eligible plan members
- Quality service and cost effective benefit plan administration
- Safe and timely return to work of employees
- Reduction in the incidence of claims
- Optimization of the investment portfolio return
The Trust continues to meet these objectives with the support and direction provided by the Trustees and through the hard work and dedication of the Trust's staff.