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ACFO-ACAF has been informed that public service FIs in select departments will see increases to their base rates of pay reflected on their pay cheque starting this week.
A reminder that under the new collective agreement, the salary increases of 8% over four years break down as follows:
As previously mentioned, the employer has until January 28, 2020 to implement the increases to rates of pay and wage adjustments – including retroactive payments – as well as the $400 lump sum payment in recognition of the longer implementation timeline. If implementation is delayed beyond the January 28, 2020 deadline, affected members will receive further payments of $50 every 90 days to a maximum of $450 (or 560 days) in cases where manual processing is required.
We would like to encourage all public service FIs to pay careful attention to their pay stubs over the coming weeks and months. If you have not received your increase, wage adjustment and/or lump sum payment by January 28, 2020 or if you have any questions about the implementation timeline, we encourage you to contact a Labour Relations Advisor at email@example.com.