Update: Moratorium lifted on automatic leave cash-out – Treasury Board members

PSAC and Treasury Board have reached an agreement to lift the moratorium on the automatic cash-out of vacation and compensatory leave for the PA, TC, EB, SV and FB groups.

In previous years, in order to address the shortcomings of the Phoenix pay system and allow compensation advisors to focus on fixing outstanding pay issues, PSAC and Treasury Board had agreed to suspend the automatic cash-out of vacation and compensatory leave permitted under PSAC’s collective agreement until March 31, 2022.

Under most of PSAC collective agreements, leave that is earned in a fiscal year and remains outstanding on September 30 of the following fiscal year is subject to an automatic cash-out provision.

Payment of outstanding vacation and compensatory leave credits will resume on March 31, 2022. However, in order to return to the carry-over levels allowed in the collective agreements, PSAC and Treasury Board have agreed on a transition process.

For more information on the automatic leave cash-out, members can consult the Memorandum of Understanding.

[fusion_button link=”http://psacunion.ca/moratorium-lifted-on-automatic-leave-cash-out?_ga=2.243092482.106054489.1639064762-1476688755.1636553290″ text_transform=”” title=”” target=”_self” link_attributes=”” alignment=”” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”default” button_gradient_top_color=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” border_radius=”” border_color=”” border_hover_color=”” size=”” stretch=”default” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]LEARN MORE[/fusion_button]

Union of Canadian Transportation Employees

233 Gilmour Street, Suite 702
Ottawa, Ontario, K2P 0P2

+1-613-238-4003
+1-888-542-1850

***(Quick heads-up: the 2 buttons  above this line lead to external sources not managed by the UCTE.)***

© 1969-2024 | Union of Canadian Transportation Employees | All Rights Reserved.