Notice of Member Dues Increases – UVICFA Mil Rate and CUFA-BC

Notice of Member Dues Increases – UVICFA Mil Rate and CUFA-BC

Faculty Association Dues (Mil Rate): As per the results of the Mil Rate Proposal* vote this past April where 82.2% of Members who voted approved a Mil Rate (MR) increase, the Association hereby gives notice that the MR will go from 5 to 8 as of July 1, 2018.  The new MR will be reflected in your July 15, 2018 pay.

Faculty Association Mil Rate
Fiscal Year (July 1 – June 30) Mil Rate
2017-2018 5.0 – Current MR

= 0.5%  per payroll

2018-2019 8.0 – New MR as of July 1, 2018

= 0.8% per payroll

*The ratified Mil Rate Proposal will see the MR increase from 5 to 8 for three years and then go down to 6 on July 1, 2021. The MR may be adjusted down to 6 sooner if the target Legal Reserve Fund of $800,000 is reached prior to July 1, 2021.

CUFA-BC Dues: This notice is also to advise of a change to the CUFA-BC member dues rate**. Starting July 1, 2018, the new CUFA-BC dues rate will increase by $0.24 to $3.61 per payroll. The new dues rate will be reflected in your July 15, 2018 pay.

CUFA-BC Per Member Dues Rates
Fiscal Year (July 1 – June 30) Per Member Per Payroll
2017-2018 $3.37 – Old CUFA-BC Dues Rate
2018-2019 $3.61 – New CUFA-BC Dues Rate

**Please note CUFA-BC dues rates are set by CUFA-BC and not the Association.

Please contact us directly at uvicfa@uvic.ca or at 250-721-7208 with any questions.

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