The Province of Nova Scotia (the Employer) and the Nova Scotia Government and General Employees Union (NSGEU) established the Nova Scotia Public Service Long Term Disability Plan Trust Fund (the Plan) 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 (the Employer) and the Nova Scotia Government and General Employees Union (NSGEU) effective May 1st, 1985. A new Trust Agreement was made between the two (2) Plan Sponsors when the Trust was reconstituted on November 10, 2004.
The Trust Agreement provides for the appointment of eleven trustees. Five (5) members are appointed by the Employer through the Lieutenant Governor in Council, one (1) of whom is designated by the Nova Scotia Health Authority. Five members are appointed by the NSGEU, one of whom shall be designated by the Canadian Union of Public Employees (CUPE). The Employer and the NSGEU jointly appoint an independent Chair.
Each Trustee is appointed to a term of three (3) years and may serve three (3) consecutive terms. The trustees meet as frequently as they determine; however, not fewer than four (4) times annually.
The purpose of the Plan 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 ancillary benefits in accordance with the terms of the Plan.
Participating Employers must sign an agreement with the Plan before their employees are eligible for the Plan's benefits.
Currently seventeen (17) 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 (5) employees to one (1) employer with greater than five thousand (5,000) 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.
The Plan'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 Plan continues to meet these objectives with the support and direction provided by the Board of Trustees and through the hard work and dedication of the Plan's staff.