Please note the following deadlines and dates of interest in the 6^th Collective Agreement

June 30

i) not less than twelve (12) months written notice of lay-off, with such notice to end on a June 30 or
ii) salary for the same period in lieu of written notice of lay-off; or
iii) an equivalent combination of salary and notice; and
iv) one month salary for each year of service with the University, to a maximum of twenty-four (24) months, payable in installments as directed by the Faculty Member; (Article 2.3.1 Financial Exigency:4.26.1 a))

b) for whom the sum of age is closest birth date plus years of service is from 72 to 79 inclusive at the time the lay-off would normally take effect and who is 55 years old or younger, the University shall provide:

i) not less than twelve (12) months written notice of lay-off, with such notice to end on a June 30 or
ii) salary for the same period in lieu of written notice of lay-off; or
iii) an equivalent combination of salary and notice; and
iv) one month salary for each year of service with the University, to a maximum of twenty-eight (28) months, payable in installments as directed by the Faculty Member; (Article 2.3.1 Financial Exigency:4.26.2 a))

c) for whom the sum of age is to closest birth date plus years of service is less than 80 at the time the lay-off would normally take effect, and who is less than ten (10) years from retirement, the lesser of the benefits in a), b) or d) shall apply
d) whose age to closest birth date plus years of service are 80 or more at the time the lay-off would normally take effect, the University shall provide each of the following:

i. not less than twelve (12) months written notice of lay-off, with such a notice period to end on a June 30 or salary for the same period in lieu thereof, or an equivalent combination of salary and notice;
ii. an enhanced early retirement allowance, calculated from the date of the commencement of the early retirement until the date of the individual’s normal retirement, consisting of an annual allowance of 35% of the normal scale salary the individual received in the final year of employment plus an annual supplemental allowance of 13% of the scale salary (i.e., equivalent to the joint annual contribution to the Faculty member’s pension plan) payable commencing within one year at the discretion of the retiree;
iii. at the election of the Faculty member, the University will provide a lump sum for RRSP purchase up to the limit allowed by Canada Customs and Revenue Agency, currently $2000 per year of service to 1995, such sum to be deducted from the cumulative total of the allowance normally payable until the date of normal retirement and the allowance payable annually will be proportionally reduced;
iv. the medical and dental benefit as it applies to full-time Faculty members, shall continue until normal date of retirement, with premiums paid entirely by the University;
v. a continuation of tuition benefits during the period of the enhanced early retirement allowance; and
vi. a financial counselling seminar for the group of Faculty members affected. (Article 2.3.1 Financial Exigency:4.26.4 b) i))

3.2 Entitlement rate for Nurse and Dietetic Instructors, Lab Instructors, Coady Institute Program Staff, and Learning Skills Instructors is as follows:

(Appendix I: Benefits for Nurse Educators, Lab Instructors, Coady and Extension Program Staff and Learning Skills Instructors: 1.12)

Link [PDF] to the 6^th Collective Agreement (CA).