Offer Highlights

$3,000 Signing Bonus in lieu of retro pay. 
Amount is equal to a 6% increase using the average salary of a full-time CUPE employee (2% wage increase per year).
2% Wage Increase in 2019 and 2020
Salary Model Changes opens for more growth. Employees are guaranteed their salary won’t be reduced transitioning to the new model
$400 Flexible Spending Benefit
currently $200 and can put into either a personal or health spending account
Days off with pay at Christmas so employees no longer have to use vacation or banked time
25 Vacation Days after 14 years of service (currently 17 years)
30 Vacation Days after 22 years of service (currently 23 years)

Pension Highlights

Target Date Defined Contribution Provision

Employee contributes 6.82% of pensionable earnings to plan
Employer contributes 6.82% of pensionable earnings to plan
Account value at retirement is determined by contributions and investment gains and losses
Contributions are invested and re-balanced for risk automatically in a Target Date fund based on the employee's normal retirement date
Retirees can access their account balance to provide income for their retirement
New employees are enroled and vested immediately in the pension plan.
0.5 ft and an appointment greater than 6 months
Early retirement age is 55 with no reductions

The member's pension for service accrued up to the date of any change in the plan is protected by legislation and cannot be reduced.