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Divestment Vote

Policy 81: Update

Bargaining News
Update

The UBC Faculty Association is committed to promoting the interests of UBC Faculty and UBC, addressing all levels of government on university affairs and upholding principles of academic freedom and freedom from discrimination and harassment.

The UBC Faculty Association is committed to promoting the interests of UBC Faculty and UBC, addressing all levels of government on university affairs and upholding principles of academic freedom and freedom from discrimination and harassment.

NEWS & EVENTS

Current:

  1. Divestment Vote
  2. Financial Planning Lecture Series
  3. Changes to the Temporary Foreign Worker Program Affect UBC Faculty
  4. Bargaining Update

Divestment Vote

January 2014

In the Fall of 2014, the member-sponsored resolution to hold a Referendum on a proposal asking the UBC Board of Governors to divest the UBC endowment from fossil fuel holdings passed with a total of 757 members voting on the motion, 497 in favour and 260 opposed.

Voting on the Referendum is being held from 26 January to 8 February 2015, and asks members of the UBC Faculty Association whether or not they support the Responsible Divestment Proposal prepared by UBCC350, a group whose membership is drawn from UBC faculty members, students, and staff, and which advocates that UBC divest from fossil fuel holdings.

The proposal document that would be presented to the Board of Governors can be found here.

The Referendum question is as follows:

"Members of the UBC Faculty Association support the Responsible Divestment Proposal calling on the university to immediately forgo further investments in fossil fuel companies, and to divest from all fossil fuel holdings within five years”

Faculty members will be receiving Voting Instructions by email. Our electronic voting is conducted through a third-party website to ensure complete anonymity. You may contact the UBC Faculty Association if you have any questions about this vote by calling our office at 604-822-3883 or sending us an email.

Links to more information:

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Financial Planning Lecture Series 2015

January 2015

Join us for this five-part lecture series designed to help you navigate the complexities of financial planning as well as prepare for retirement.

Wednesday, January 21:
Financial Planning – Achieving Your Goals
Tracy Theemes, Financial Advisor, Sophia Group

Wednesday, January 28:
The Principles of Successful Financial Planning
Tracy Theemes, Financial Advisor, Sophia Group

Wednesday, February 4:
Transitioning to Retirement – UBC Options
Understanding Post Retirement Benefits
Nicole Hyatt and Jennifer Cove

Wednesday, February 11:
Investment Market Update - UBC Faculty Pension Plan
Mike Leslie, Executive Director – Investments, Faculty Pension Plan, and Neil Watson from Leith Wheeler Investment Counsel Ltd

Wednesday, February 25:
The Top 10 Estate Planning Mistakes that People can make in British Columbia
Jonathan Vroom, LLB

Time: 12:10 - 12:55 pm
Location: Lecture Hall 1, Woodward IRC, 2194 Health Sciences Mall

For more details, check out the full announcement.

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Changes to the Temporary Foreign Worker Program Affect UBC Faculty

October 2014

Recent changes to Canada’s Temporary Foreign Worker (TFW) program are having an impact on some UBC faculty members, particularly those who have not yet established permanent residency in Canada or who are not covered by an existing exemption (e.g. NAFTA). President Gupta has made it clear to me that this issue is a high priority for the University and he is working closely with the U15 university presidents and with governments to find a resolution to the problems faculty members are facing. I am confident the University is doing everything in its power to manage this issue. The Faculty Association supports the University’s lobbying efforts and we will be directly lobbying MPs in Ottawa when we are there for the CAUT Council session in November. One of our Member Services Officers will be happy to speak with you if you have concerns arising from the changes to the TFW program, but your Head should be your first point of contact as the University is managing individual cases.

Mark Mac Lean, President

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Bargaining Update

October 2014

The Faculty Association and University are still bargaining the collective agreement that will cover a period starting on July 1, 2014. Currently, CPI, merit, and PSA are “term certain” in the existing agreement, meaning these increases are applied on specified dates, and so the University will not award CPI, merit, and PSA for the current year until we have settled a new collective agreement, or the University makes a proposal to do so in advance of an arbitration decision, as it did in the 2012-2014 round of bargaining.

While bargaining has been proceeding well and in the spirit of making a deal, the Provincial Government has insisted on a 5-year term with general wage increases during this period that are not acceptable to us — for example, they propose a 0% increase for 2014/15. You can read more about this in our bargaining blog.

We continue to hope for a negotiated deal, but the constraints put on the University by the Provincial Government make it likely that we will be going to interest arbitration for a salary settlement. This would mean we would not have a finalized collective agreement until the arbitrator releases a ruling. Thus, we anticipate that any final settlement will be sometime in 2015.

If you wish more information about the University’s procedures for paying out CPI, merit, and PSA, we can put you in touch with one of our Membership Services Officers who will assist you further.

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