ARTICLE T - The President's Fund

The University suspends the awarding of the President’s Fund for the first three years of the 2021-2025 collective agreement to be in compliance with Bill 124, Protecting a Sustainable Public Sector for Future Generations Act, 2019.

T.1              On the recommendation of the Dean, in consultation with the Head, the Provost, in each year of this agreement, in order to retain a member may increase the normal salary of up to eight (8) individual members by an amount not to exceed the greater of ten percent (10%) of the member’s normal salary or ten thousand dollars ($10,000).

T.2              Within thirty (30) days of the awarding of a salary increase from the President’s Fund, the Office of the Provost shall notify the Association of the name of the recipient, the amount of the salary increase, and the effective date of the salary increase.