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 =…
Dear Colleagues, Thank you to all of you who voted on this important resolution. The results are in: Yes = 444 Votes (82.8%) No = 92 Votes (17.2%) Total Votes = 536 of 816 Electors (65.7%) The Finance and Investment Committee, and the Executive Committee of the Association are heartened by this outcome and feel assured we have the support of the Membership as we enter 2019 contract negotiations. Next Steps We will discuss timing of the mil rate increase…
Last Chance to Vote on the Association’s Mil Rate Proposal – Polls Close at 4:00 PM Today! So far, more than 64% of you have voted on the Resolution to adopt the Mil Rate Proposal that: Was unanimously endorsed by the Finance and Investment Committee (Rebecca Warburton, PADM; Martin Farnham, ECON, and Chris Graham, BUSI), then recommended by representative Council and the Members present at the AGM. Ensures the Association has sufficient reserve funds to handle unpredictable costs (such…