THE POST-RETIREMENT SPENDING ACCOUNT: $1,000 for each of the first two years following retirement

The university will allocate the applicable amount of funds to your account.

Carry Forward Credit Accrual

Your initial deposit to the PRSA will be effective on your retirement date. Any unused funds will be carried forward until December 31 of the year following your retirement date, at which time any remaining funds will be forfeited.

Your second and final deposit to the PRSA will be made on the January 1 following your date of retirement. This second deposit will be available to you until December 31 of the year following the date you received the second allocation, at which time any remaining funds will be forfeited.

Your eligible expenses are any expenses eligible under the Health Spending Account. For further information on claim eligibility please refer to the Health Spending Account plan summary.

• Health spending account plan summary

Based on the University of Saskatchewan’s interpretation of The Income Tax Act, amounts reimbursed under the PRSA are considered non- taxable to participating retirees.

View claim procedures including coordination of benefits and submission deadlines.

• Submitting claims