Health Benefits
AltaSteel is proud of the rewards we provide to our employees. These programs are designed to provide the employees and their families with a quality standard of life. As such, our Reward Programs provides a focus on Health and Wellbeing, Family, Community and Education.
Coverage for you and your dependents begins after the successful completion of a three-month probationary period.
Unionized Benefit Coverage
Supplementary Health Care
Medical services such as prescription drugs, preferred accommodation, paramedical, eyewear, etc...
Dental Care
Diagnostic and preventive, restorative and orthodontics services (level of reimbursement varies).
Weekly Indemnity
Loss of income protection in the event of a short term disability $748 per week.
Long Term Disability
Loss of income in the event of a long-term disability Benefit is $1,250 per week.
Life Insurance Basic
Provides a lump sum to the designated beneficiary(ies) in the event of death
$45,000 flat coverage amount.
Accidental Death & Dismemberment
Additional insurance in the event of accidental death or a permanent dismemberment.
Pension Plan
Provides retirement and survivor income replacement.
Employee and Family Assistance (EFAP)
Comprehensive psychological counseling, wellness and work life services (eg legal and financial consultations). | |
Non- Unionized Benefit Coverage
Health Spending Account
Reimbursement of medical, dental and vision expenses. Annual credit
allocation of $3,075 per calendar year. Partial credit carry-forward
for one year.
Long Term Disability
Loss of income in the event of a long-term disability Benefit is 70% of salary and is taxable.
Life Insurance Basic
Provides a lump sum to the designated beneficiary(ies) in the event of death equivalent to one times base annual salary.
Optional Life
Additional life insurance can be purchased in units of $10,000 up to $250,000.
Accidental Death & Dismemberment
Additional insurance in the event of accidental death or a permanent dismemberment equivalent to one times base annual salary.
Pension Plan
Provides retirement and survivor income replacement. Employee required contributions must be between 4% – 6% of salary.
Employee and Family Assistance (EFAP)
Comprehensive psychological counseling, wellness and work life services (eg legal and financial consultations).
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