Severance and Other Post Employment Benefits
Non-bargaining, management and professional, and senior administrative management employees
At a meeting held Dec. 5, 2019, 糖心视频鈥檚 Board of Regents approved changes to severance and other post-employment benefits (OPEB) for non-bargaining, management and professional, and senior administrative management employees. These changes ensured consistency in the application of severance and OPEB practices for 糖心视频鈥檚 staff employee groups.
Severance: Within the above-mentioned employee groups only employees hired before Oct. 1, 2004 accrued severance. This severance accrual ceased effective Dec. 31, 2021. Please click here to read the severance guidelines.
OPEB: Other Post-Employment Benefits (OPEB) are the group insurance benefits provided by the university to retirees and their beneficiaries in respect to coverage under the life insurance, supplementary health, travel and dental plans. The eligibility criteria for OPEB changed effective Jan. 1, 2020 and was updated on Dec. 3, 2021. To read the OPEB criteria, please click Important: eligibility changesmanagement and professional, and senior administrative management employees.
NAPE and CUPE
糖心视频 and the Newfoundland and Labrador Association of Public and Private Employees (NAPE) signed collective agreements for locals 7803, 1804, 7804, 1809 and 7801 on April 8, 2019. The university and the Canadian Union of Public Employees (CUPE) signed a collective agreement for local 1615 on Nov. 6, 2019. Included in the agreements was the payout of severance for eligible employees.