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Key
players
Administration
Authority
The
PSHCP is managed through the Administration
Authority, having Directors
appointed by the three PSHCP Partners:
The
PSHCP Administration Authority
is an independent body that operates at arm's length
from the federal government. It is comprised of nine
Directors and a Chairperson who meet regularly
to ensure that the interests of PSHCP members
are protected.
The
Directors have established a Secretariat
to support their work and assist them in fulfilling
their mandate. The Secretariat will ensure that the
policies and decisions of the Directors are implemented
and effectively monitored.
Financial management
The
Plan is operated on a self-insured basis. The Plan assumes
full liability for the payment of all costs related
to the operation of the Plan, including the payment
of claims.
The
PSHCP is funded through contributions from:
- Treasury
Board of Canada,
- participating
employers, and
- Plan
members
in
accordance with the Letters Patent and the Bylaws,
which took effect May 1, 2007, among the PSHCP partners.
Administrator
of the PSHCP
Sun
Life Assurance Company of Canada, the PSHCP administrator,
is responsible for the consistent adjudication and payment
of eligible claims in accordance with the Plan
Document and for providing services as specified
in the Administrative
services only contract.
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