Collective bargaining signing and implementation timeline
ACFO-ACAF is pleased to announce that the public service FI Collective Agreement was signed on August 1, 2019.
With a 99% ratification vote, it was clear that the membership was pleased with the fair contract reached at the bargaining table. The speed with which that vote was held means ACFO-ACAF is at the front of the line for signing and should therefore be the first in line for implementation, ahead of the many other groups who have reached their own deals.
The information in the timeline below outlines important dates relating to the new FI Collective Agreement and provides a guide for upcoming milestones in the implementation of the new agreement.
We will provide more information as it becomes available. For any questions, please contact labourrelations@acfo-acaf.com.
Phoenix damages
While the Phoenix damages agreement and the new collective agreement are different agreements with different timelines, we realize there may be some confusion as the two deals are implemented in parallel.
The timeline below relates only to the FI Community’s new collective agreement. The Phoenix damages agreement, which applies to members of the unions represented by 16 of the 17 public service unions plus unrepresented employees and executives, includes additional leave, a broader approach to out-of-pocket cost reimbursement and a process for damage awards for those with more severe cases, along with provisions to reimburse sick leave used as a result of Phoenix.
More information on the timeline for the rollout of the Phoenix damages agreement can be found here: https://www.acfo-acaf.com/2019/06/13/phoenix-damages-agreement-signed/.
Collective agreement implementation timeline
Date |
Significance |
August 1, 2019 |
Signing of the new FI Collective Agreement
A detailed breakdown of the new agreement can be found here. New or amended provisions that take effect immediately upon signing include:
The above provisions above take effect immediately upon signing. Select other provisions have an implementation timeline of 180 days (January 28, 2020) or 560 days in cases where manual processing is required. See below for further information. |
January 28, 2020
|
Deadline: Implementation of the FI Collective Agreement
As of January 28, 2020 (180 days after signing), the following provisions must be implemented:
By this time, FIs should also have received the $400 lump-sum payment made in exchange for the extended 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. This particularly applies where compensation increases and retroactive payments require manual processing by compensation advisors. Manual intervention may be required for employees on an extended period of leave without pay (such as maternity/parental leave), salary protected employees and those with transactions such as leave with income averaging, pre-retirement transition leave and employees paid below minimum, above maximum or in between steps. Manual intervention may also be required for specific accounts with complex salary history. |
November 7, 2020
|
Implementation of November 7, 2020 (1.5%) economic wage increase
Effective November 7, 2020, most paychecks should be adjusted to reflect the economic wage increase of 1.5%. |
November 7, 2021 |
Implementation of November 7, 2021 (1.5%) economic wage increase
Effective November 7, 2021, most paychecks should be adjusted to reflect the economic wage increase of 1.5%. |