Settlement provides 5.55% raise, 6.2% overall

Settlement 2001 summary

The 2nd August settlement between YUFA and the York University Board of Governors represents a 6.2% increase in the total value of the collective agreement over two years. Of this, 5.55% are ongoing increases to compensation.

Links to full text of settlement: Web version | Word version

Monetary summary

First, a summary of the settlement's monetary items, followed by a summary of the whole settlement according to YUFA's bargaining priorities.

Salary Year I = 2.8% + PTR

Salary Year 2 = 2.75% + PTR

Other items = 0.65%

Whole settlement summary

Compensation

Workload

Retiree benefits

Increase fund from $300 000 to $450 000, estimated to be sufficient to extend the current coverage to new retirees (14.08)

Pensions, benefits & equity

Other