Information for Exiting Employees

Final Paycheque(s)
In most circumstances, you will receive your final paycheque on regularly scheduled OC paydays. If you do not have direct deposit, you will need to make arrangements with your department to receive your final paycheque(s).

Leave Balances
All unused vacation entitlements will be paid out on your final paycheque. No payment is given for unused sick leave.

Pension
You may leave your pension contributions on deposit with the College Pension Plan or the Municipal Pension Plan. You will receive all your pension options directly from the BC Pension Corporation.

BC Medical / Extended Health / Dental
Coverage will terminate on your last day of work.

• Medical Services Plan (MSP) 1-800-465-4911  All residents of BC must enroll with MSP. You will be contacted by the Medical Services Plan directly regarding your premiums and payment options. Please review the Notice to Terminating Employees for more information.
• You may have the option to continue your current extended health and dental coverage through Manulife Financial Company
  604-689-1429.

Life Insurance, Accidental Death and Dismemberment, and Long-term Disability
You have 30 days after separation* to convert insurances. Contact the following companies to obtain a quote for continuing benefits and to initiate the process.

• Manulife Financial (Group Life Insurance, Long Term Disability, Optional Life) 604-689-1429
• Industrial Alliance (Accidental Death and Dismemberment) 604-734-1667

*Retired employees are not eligible to convert insurances. This applies only to employees who resign from employment prior to the age of 64 and do not apply for pension retirement benefits.

Keys / ID Card / College Property
Prior to your separation date, you will need to provide your supervisor with your OC ID card and all OC property that is in your possession including keys, equipment, pager, etc.

Tuition Reduction
Your eligibility for further tuition reduction benefits ceases on your date of separation.

Employment Insurance
A record of employment will be mailed to your residential address within 14 days of your separation of OC. Please contact Human Resources Development Canada at 1-800-206-7218 for questions regarding Employment Insurance.

T4
A T4 will be issued at the appropriate time and mailed to your last known address.  Please ensure Okanagan College is apprised of any address changes until you receive your final T4.