1. Schlumberger – OFS1 / New to Canada Payroll Employee Benefit Presentation 2019

2. Agenda Schlumberger’s Flexible Health Benefits - New to Canada?
- Flex Benefit Options – Health, Dental, Insurance & Disability
- How to select the right benefits for you
- How to Enroll online
- Managing your claims throughout the year
- Additional Employee Benefits
Schlumberger’s Financial Benefits
- Defined Contribution Pension Plan (DCPP), Deferred Profit Sharing Plan (DPSP)
- Group Registered Retirement Saving Plans (RRSPs), Tax Free Savings Accounts (TFSA)
- Discounted Stock Purchase Plan (DSPP)
Websites & Questions

3. New to Canada?

4. Provincial Health Care Plans
The Schlumberger group health plan works in conjunction with the government sponsored health plan
You must be a member of the provincial healthcare plan to participate in the Schlumberger group plan
To apply and obtain a provincial health care card visit Service Canada:

5. The group & government plan work together!
The government provides coverage for some medical services including doctor visits and hospital stays – just show your provincial healthcare card!
The Schlumberger group plan provides supplementary coverage for items such as prescription drugs, dental treatments, and paramedical services.

6. Flex Benefit Options – Health, Dental, Insurance & Disability

7. Introduction to Flex Benefits
You have a variety of benefits to choose from
Schlumberger provides you with enough flex dollars to pay the full cost of option 2 for both health and dental coverage
You also receive additional flex dollars to use where you choose
Each benefit has different options with different price tags
If you have leftover flex dollars, you can deposit them into your Health Care Spending Account (HCSA) or Personal Spending Account (PSA)
What you don’t pay for with flex dollars, you can cover with payroll deductions

8. Your Benefit Choices Enroll online 1-2 weeks after your start date
You will receive an Enrollment Package, 2 – 4 weeks after your start date with a copy of the Enrollment Guide and a letter on how to access the online enrollment tool
You will have 30 days from the date you’re loaded to the enrollment system
Your benefit choices will be in effect from your hire date or first day on Canada payroll until the end of the plan year (December 31)
Any claims incurred after your start date, can be claimed once you are set up in the system

9. How to Enroll

10. How to Enroll
Step 1: Go to Enrollment Central and click ‘Employee Self Service’ under Quick Links

11. How to Enroll (continued)
Single Sign On – No login credentials are required from intranet
LDAP and LDAP password are required if no intranet

12. How to Enroll (continued)
Step 2: Select your benefits
The enrollment website will guide you to
Verify your contact information
Verify your dependent information
Choose your benefit options for you and your dependents
Review your beneficiary(ies)
Allocate any excess flex dollars to your HCSA or PSA

13. How to Enroll (continued)
Step 2: Select your flex benefits
Save your choices if you need to leave the YBR website before you have completed your enrollment
You can continue where you left off next time you log on
Once you click on “OK” your choices will be saved and will become your coverage for next year

14. How to Enroll (continued)
Step 3: Complete your forms
You may need to complete beneficiary designation forms for your life and AD&D insurance
If you choose optional life insurance for you or your spouse, you will need to fill out an Evidence of Insurability (EOI) form
If you don’t return your signed forms, your changes, including any new beneficiary designation, will not take effect

15. Schlumberger Flex Extended Health Coverage (3 Options)
Provincial Coverage (BC Only)
Dental Coverage (4 Options)
Long-Term Disability Insurance (4 Options – SLB
1 Option - CAM)
Employee Life Insurance (Basic and Optional)
Spouse and Child Life Insurance (Basic and Optional)
Employee AD&D Insurance
(Basic and Optional)
Spouse and Child AD&D Insurance (Optional)
Critical Illness Insurance

16. Provincial Health Care
British Columbia
Schlumberger pays 50% of the cost of your BC provincial health care premium; Cameron pays 100%
Required in BC only
Complete Schlumberger Group Benefits Form

17. Covering Your Dependents 
You can cover:
Yourself
Yourself + one dependent
Yourself + two or more dependents   
Full-time students are eligible for coverage up to their 26th birthday
The price tag is the same no matter how many children you cover.
Your selected dependent coverage is the same for both Medical and Dental, but you can choose different options in each

18. Extended Health Extended Health Care 70% 90% 100% Option 1 Option 2
Reimbursement
For all eligible expenses
70%
90%
100%
Prescription drugs
Deductible
Dispensing fee
Hospital
Semi-private
Private
Vision care (24 months)
None
$150
$350
Paramedical services
Maximum per service
$500
$1,000
Annual combined max
$1,500
Psychologist services
(Annual max)
Orthotics (every 36 months for adults and every 12 months for children)
$400

19. Dental Option 1 Option 2 Option 3 Option 4 Deductible None No coverage
Basic dental
Recall exams
Periodontics
70%
6 months
16 units
90%
100%
Major dental
Crowns
50%
Included
80%
Combined maximum
$1,500
$2,000
$3,000
Orthodontia
Under age 18
Lifetime max
Option 3 for Dental is locked in for two plan years

20. 2 x your admissible compensation
Life Insurance
Basic
Optional
Paid for by…
Schlumberger
You
Automatic
Yes No
Coverage
For you
2 x your admissible compensation
Multiples of $25,000
For your spouse
$10,000
For your child(ren)
$5,000
Multiples of $5,000
Schlumberger-paid premiums are taxable
Additional optional coverage requires EOI

21. 2 x your admissible compensation
Accident Insurance
Basic
Optional
Paid for by…
Schlumberger
You
Automatic
Yes No
Coverage
For you
2 x your admissible compensation
Multiples of $25,000
For your spouse
N/A
For your child(ren)
Multiples of $5,000
No evidence of insurability is required for AD&D coverage

22. Critical Illness Optional coverage
Provides a tax-free lump sum that you can spend how you choose
Paid through payroll deductions
Units of $10,000, starting at $20,000 to a maximum of $250,000
You can select up to $50,000 in coverage without providing EOI  for new hires only!
Premiums are based on your gender, age and smoking status
You can also purchase $5,000 in critical illness coverage for your child(ren)
You can use it for …
Treatment outside of Canada
Treatments not covered by your provincial plan
Child care
Travel to a regional treatment centre
Meals
Parking
New or experimental drugs
Lost income for a family member to support the patient.

23. Critical Illness (continued)
Covered illnesses include:
Aortic surgery
Aplastic anemia
Bacterial meningitis
Benign brain tumour
Blindness
Cancer (life-threatening)
Coma
Coronary artery bypass surgery
Deafness
Dementia, including Alzheimer’s disease
Heart attack
Heart valve replacement or repair
Kidney failure
Loss of independent existence
Loss of limbs
Loss of speech
Major organ failure on waiting list
Major organ transplant
Motor neuron disease
Multiple sclerosis
Occupational HIV infection
Paralysis
Parkinson’s disease and specified atypical parkinsonian disorders
Severe burns
Stroke
For children:
Cerebral palsy
Congenital heart disease
Cystic fibrosis
Down’s syndrome
Muscular dystrophy
Type 1 diabetes mellitus * *
Note:
Check out Enrollment Central for more details

24. Business Travel Accident Insurance
You
*Spouse
Paid for by…
Schlumberger
Mandatory
Yes
Coverage
4.5 x eligible compensation
$50,000
Maximum
$1,000,000
*Spouse is covered only if Schlumberger requested that they travel with you.

25. Short-term Disability Coverage
Fully paid by Schlumberger
Available for 26 weeks
Equal to 100% of your base pay for Office Employees and 130% of base pay for Field Employees (legacy Schlumberger only).
No options to choose

26. Long-Term Disability
Schlumberger LTD Options are locked in – increases require an Evidence of Insurability Form
Employees can view both the premium and benefit amount in the Enrollment Tool

27. Your Health Care Spending Account
How it works:
Schlumberger provides each employee with $300 in flex dollars
You’ll use your flex dollars to pay for the benefits you choose
Depending on your benefits selections, you may have leftover flex dollars
This amount can be deposited into your HCSA or PSA
You can use the funds in your HCSA for reimbursement for any eligible medical expense (per CRA)
The best part is that it’s tax free!

28. Your Health Care Spending Account
Examples of eligible expenses:
The percentage of dental or health care related expenses that
you pay
Prescription drug dispensing fees
Eyeglasses, contact lenses, or laser surgery
Orthodontia or other dental expenses not covered under your dental option
Health care expenses of relatives who are financially dependent on you, but not covered by Schlumberger Flex, like a parent or sibling

29. Personal Spending Account
Your allocation – January 1
You pay tax each January on your Personal spending Account claims made in the previous year.
You submit claims to Sun Life just as you would for your HCSA
Claim forms will be available on the Sun Life website

30. Personal Spending Account
Examples of eligible expenses:
Vitamins and supplements
Orthopedic beds & pillows
Cholesterol and hypertension screening
Health assessments/ screening
Allergy tests
Reflexologists
Herbalist
Homeopaths
Athletic therapists
Maternity services
Health education programs
Exercise physiologists
Chinese medical practitioners
Shiatsu therapists
Osteopathic practitioners
Acupressurists
Occupational therapists
Fitness equipment (excluding apparel and footwear)
Fitness league fees
Fitness classes
LTD premiums
Comprehensive medical exams
Naturopathic medicines
Financial Planning

31. Your HCSA & WSA You have two years! The fine print:
Flex dollars expire two plan years after deposit
You must claim expenses in the year they occur
Flex dollars may only be withdrawn to reimburse eligible expenses
If your employment with Schlumberger ends or you are transferred outside of Canada, any eligible claims incurred before you leave must be received by Sun Life within 90 days of your last day at work; after that, your HCSA & WSA dollars will be forfeited.
You have two years!

32. How to select the right benefits for you

33. What you need to think about
Health and Dental
Look at this year’s claims
Think about what’s changed
Chronic conditions?
The need for major dental work?
Orthodontia planned?
Talk to your doctor and dentist

34. What you need to think about (continued)
Life and Accident Coverage
Think about your current financial obligations
Determine what your future income needs will be
What would your family need if you weren’t there?
Consider other insurance coverage you may have

35. What you need to think about (continued)
Long-Term Disability
Think about your current financial obligations
Consider other family income
Determine what your future income needs will be

36. Coordinating Your Benefits
Does your spouse have a benefit plan?
Receive up to 100% coverage by coordinating your two plans
By choosing a lower option with a less expensive price tag, you’ll have more flex dollars to direct elsewhere or deposit into your HCSA/WSA.

37. What you need to think about (continued)
Taxable Benefits
Premiums on a number of benefits are taxable
You’ll see the amount on your pay slip
You pay tax on:
Flex dollars used to pay for life insurance
Flex dollars used to pay for accident insurance
Business travel accident insurance premiums
Personal Spending Account reimbursements

38. Want more information?

39. How to Enroll (continued)
If you don’t enroll
Benefit
Default Coverage
Extended Health Care
Option1
Provincial Health Care (BC only)
Current coverage
Dental
Basic Employee Life
2 x eligible compensation
Basic Spouse Life (if on file)
$10,000
Basic Child Life (if on file)
$5,000
Basic AD&D
Long Term Disability (LTD)
Any excess flex dollars
Deposited to your Personal Spending Account

40. Changing Your Benefits
Life changes! So can your benefits
There are two types of opportunities to change your coverage:
During the annual enrollment period each year
After you have a life event
Be sure to make your benefit changes on the enrollment tool within 30 days of any life event
Life events include marriage, divorce, the birth or adoption of a child, the death of a dependent, or your spouse losing his or her benefits coverage.

41. Managing your claims throughout the year

42. Submitting Your Claims
Sun Life is the benefits provider for Schlumberger Flex
You can submit claims many ways:
Paper forms
Online via Sun Life website
Mobile App (for iPhone, Android or Blackberry)
Automatically with your Assure Card (prescription drugs) at the pharmacy
Personal Spending Account claims may only be submitted via paper claim form

43. Sign up for Sun Life
Go to
Click “Register now”

44. Sign up for Sun Life
Go to

45. Mobile App
Benefits in your pocket

46. Additional Employee Benefits

47. www.workhealthlife.com or 1-866-833-7690
Morneau Shepell
Employee and Family Assistance Program
Confidential help with work and life issues
Services include:
Professional counseling including an online program.
Access to subject matter experts.
Online resources, tools, articles, action plans and self-directed help kits on real and relevant issues. or
Family Support
Financial Support
Legal
Health Coaching
Naturopathic Service
Nutrition
Work/Life Balance

48. Medical Travel Assistance
For use with business or personal travel (can be used in Canada outside of your province, or anywhere outside of Canada)
Covers a variety of costs resulting from a medical emergency while traveling (read Emergency Travel Assistance section of Your Group Benefits booklet for full services offered)
Treatment charges are paid by the employee and then reimbursed through the Sun Life

49. Schlumberger’s Financial Benefits
Defined Contribution Pension Plan (DCPP)
Deferred Profit Sharing Plan (DPSP)
Group Registered Retirement Saving Plan (RRSP)
Tax Free Savings Account (TFSA)
Discounted Stock Purchase Plan (DSPP)

50. Defined Contribution Pension Plan
Eligibility – First of the month following 3 months of service
Contributions are made each pay period as a percentage of your total pay
You will be automatically enrolled at a 3% contribution rate in order to maximize company contributions
Schlumberger will contribute 2% automatically, and will additionally match your contribution up to 3%.
You can contribute a maximum of 5%, bringing your maximum possible contribution to 10%
Vested immediately in Employer Funds
EE 5% + ER 2% (basic) + ER 3% (match)

51. Deferred Profit Sharing Plan (DPSP)
Eligibility – First of the month following one year of service
Vested after 3 years of service
Based on profitability, the Company will contribute up to 15% of your admissible compensation to your DPSP account
For Example: (2017 award was 2%)
If the employee’s admissible compensation was $80, and the profit sharing award was 2%, the dollar figure would translate to $1,600.00

52. Registered Retirement Savings Plan (RRSP)- Optional
A savings plan registered with the Canadian federal government allowing you to save for the future on a tax-sheltered basis.
An RRSP is an investment portfolio. It can contain a variety of investments
What makes an RRSP special is that your contributions to it are tax deductible and your portfolio grows tax sheltered.
Eligibility - voluntary participation on the first day of the month following 3 months of service
No Company contributions
Voluntary contributions (payroll deductions) up to your RRSP contribution limit
- if you don’t know your limit, contact the Canada Revenue Agency

53. Tax Free Savings Account (TFSA)- Optional
A flexible, registered, general-purpose savings vehicle that allows you to earn tax-free investment income
Voluntary contribution up to $5,500 annually
Investment income earned & withdrawals from a TFSA are tax-free.
Contributions are not tax-deductible.

54. Pension and Profit Sharing Package
Sun Life is our benefits carrier for the financial benefits
Employees receive a Financial benefits package with information on how to access their accounts
Transfer ins to Canada will receive this 2 – 4 weeks after their start date
New Hires will receive this 6 weeks before they are eligible, so about 6 – 8 weeks after their start date

55. Discount Stock Purchase Plan (DSPP)
Eligibility – Employees are eligible upon hire, but can only enroll in June or December
Employees can contribute 1 to 10% of their total pay towards DSPP
Your DSPP balance accumulates throughout the plan period (January through June and July though December)
On the last day of the plan period, you automatically purchase as many shares of stock as you can with your DSPP balance
Price is determined as: lower of the stock price on the first trading day of the plan period (July 1st Or Jan 1st) or the last trading day of the plan period (June 30th or Dec 31st) less 7.5%

56. Websites and Questions
Enrollment Central:
Canada HR Hub
AskHR is your one-stop shop for all HR related questions
ASKHR
Online :