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I remember that one. That was some sweet back pay.
Pusser said:It's not as simple as that. We're not paid based on any average of PS salaries. Our pay is benchmarked against the Public Service, but a complex formula then kicks in to determine what our pay will be. I'm leaning toward thinking that we will receive a pay raise eventually, backdated to 1 Apr 11 with another one effective 1 Apr 12.
Occam said:Yes, I'm familiar with the process. For anyone who is not, there's some good reading at http://www.cmp-cpm.forces.gc.ca/dgcb-dgras/ps/pay-sol/faq/index-eng.asp, which should explain everything that goes into the complex formula.
Normally, I would agree with you that the CF would get at least something in the line of a pay increase. However, many of the PS unions who have ratified agreements this year have had to give up severance pay benefits (not an insignificant chunk of change), and who knows how that's going to affect the calculation.
AliG said:With regard to Severance pay. The rumour under this mushroom is that it will no longer accrue effective this budget (1 Apr). Is that not the equivalent of a near 2% salary envelop cut? If there is a pay increase in the budget along with the freeze on severance, then in order to be effective would this pay increase need to be above this amount and CPI ???
krustyrl said:Can either of you please put in "laymans terms" accrued in respect to severance.? How might it affect someome ready to pull the pin.....like ME.!!
Occam said:For Reg Force, the quick and dirty calculation of severance pay on release is one week's pay for every completed year of service. You served 26 years? You get 6 months pay on release. It's slightly more complicated than that but it's pretty close. If you want the nitty gritty details see CBI 204.40.
If (!) they pull severance pay on 1 Apr, and you had completed 26 years of service prior to that date, then you'd have accrued 26 weeks of severance pay, which, if they copy the terms given to the Public Service unions who gave up severance, would mean you'd have the option of taking the money then or taking it when you release. Either way, you would not accrue any more severance pay, even if you served additional full years of service. Those joining up would not be entitled to severance pay in its current form.
krustyrl said:On behalf of all "laymans" thanks Occam.!
dapaterson said:Dogger: Assuming these stories are true, you'll get severance for your years of service up to the date it was cancelled. The PSAC settlement got an additional 0.5% for each of two years in their pay increases; I'd guess the CF pay increases will be similar if not identical.
In the late 70s, Treasury Board directed that the Department adopt Total Compensation (TC) analysis, which was also being developed for use in collective bargaining with the PS unions. Treasury Board wanted to ensure that the full value of the compensation and benefits made available by the employer to federal public servants was considered in negotiations. The methodology includes salary, but also evaluates benefits such as pensions, severance pay, acting pay, overtime and medical and dental services, as well as "time not worked", annual leave and sick leave being two examples.
dapaterson said:Sounds about right. The PS unions that gave it up did retain it for workforce adjustment situation - folks being laid off. (No double dipping though, so if they cashed out, on getting laid off the years they alread cashed out would be removed).
Were I a betting man I'd guess any change to the CF severance would follow the same lines... so any future FRP would give CF member severance (less what they may have already taken).
Dogger: Assuming these stories are true, you'll get severance for your years of service up to the date it was cancelled. The PSAC settlement got an additional 0.5% for each of two years in their pay increases; I'd guess the CF pay increases will be similar if not identical.
Have also heard talk of a 2% back dated to last April to take some of the sting out. Also hearing PLD is getting chopped in half as well.Chief Stoker said:Chief Clerks were briefed in Halifax that the severance is going away as of April 1st. What I suspect the government is waiting until the budget comes down until they officially announce it. Wait and see I guess.
The chopping in half of PLD has been the rumour the last 3 or 4 Aprils. I suppose if something is rumour long enough, it will eventually come to fruition!jollyjacktar said:Have also heard talk of a 2% back dated to last April to take some of the sting out. Also hearing PLD is getting chopped in half as well.
jollyjacktar said:Have also heard talk of a 2% back dated to last April to take some of the sting out.
jollyjacktar said:Also hearing PLD is getting chopped in half as well.