Career Progress Increments for Length of Service. a) Effective July 1, 2012, each faculty member eligible for Career Progress will receive 1/3 of a Career Progress Increment (CPI) unit at year 20 and at year 25 of their initial appointment in an eligible rank. b) For those faculty reaching their 20th and 25th year of appointment on July 1, 2012, the allocation of this length of service CPI unit will be funded from within the CPI pool. Subject to c) below, Career Progress Increments for length of service shall be funded from within the CPI pool. c) For those faculty who have reached their 20th and/or 25th year of appointment prior to July 1, 2013, their length of service CPI unit shall be equally distributed in each of two years, July 1, 2013 and July 1, 2014, to be funded exactly as the Career Progress Carry Forward’s, to the maximum of the Performance Salary Adjustment pool. d) It is recognized and acknowledged that this agreement is fully funded from within the Career Progress Increment pool and the Performance Adjustment Pool and requires no additional funding from any source.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Career Progress Increments for Length of Service. a) Effective July 1, 2012, each faculty member eligible for Career Progress will receive 1/3 of a Career Progress Increment (CPI) unit at year 20 and at year 25 of their initial appointment in an eligible rank.
b) For those faculty reaching their 20th and 25th year of appointment on July 1, 2012, the allocation of this length of service CPI unit will be funded from within the CPI pool. Subject to c) below, Career Progress Increments for length of service shall be funded from within the CPI pool.
c) For those faculty who have reached their 20th and/or 25th year of appointment prior to July 1, 20132011, their length of service CPI unit shall be equally distributed in each of two years, July 1, 2013 2011 and July 1, 20142012, to be funded exactly as the Career Progress Carry Forward’s, to the maximum of the Performance Salary Adjustment pool.
d) It is recognized and acknowledged that this agreement is fully funded from within the Career Progress Increment pool and the Performance Adjustment Pool and requires no additional funding from any source.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement