New FI Collective Agreement Signed

The Association of Canadian Financial Officers is pleased to announce that the new FI Collective Agreement was officially signed between ACFO and Treasury Board Secretariat on September 30, 2013.

Once again, ACFO’s bargaining team thanks the FI Community for your support throughout this process; from all our members who participated in the pre-bargaining survey in 2010; those who provided suggestions and input into our proposals; and volunteers who served on the Collective Bargaining Committee.

FIs now have until late March (six months from the date of signing) to provide the Employer with their choice of voluntary severance cash-out option. Your Department will provide more information in this regard in the coming weeks. Additional information on the elimination of voluntary severance benefits and important implementation dates are available on ACFO’s Collective Agreement resources page.

Many Departments have already begun implementing the new rates of pay in advance of the October 4^th, 2013 implementation deadline. By this deadline retroactive wages must be also be paid; and additional leave credited to FIs who have completed between 5 and 8 years of service as per the Arbitration Award.

As this contract expires in November 2014, the Association will begin seeking input from FIs in the New Year to prepare for the next round of negotiations.

If you have any questions, please email labourrelations@acfo-acaf.com or call the ACFO office at 613-728-0695 (National Capital Region) or toll-free at 1-877-728-0695 and ask to speak with a Labour Relations Advisor.