Public Education Benefits Trust (PEBT)
The Public Education Benefits Trust is a jointly trusteed plan between BCPSEA and the Canadian Union of Public Employees (CUPE). The PEBT is charged with three key functions:
- Implement and administer a long term disability (LTD) plan
- Implement and administer an early return to work program
- Implement and administer a program for districts to purchase their dental, extended health, life insurance and accidental death and dismemberment insurance.
The PEBT implemented the Core LTD plan on March 1, 2003. The PEBT also implemented the “Other LTD” plan at the same time, which allows districts and unions to top up the Core LTD benefit to replicate provisions in previously existing local LTD plans.