General Sector
Teranet
Agreement reached between OPSEU and Teranet
December 20, 2011
OPSEU Local 507 is pleased to
announce the ratification of a new Collective Agreement between OPSEU and Teranet Inc. on Monday, December 19, 2011
Changes include:
· A wage adjustment of:
-
2011 - 0% general wage increase (+ $1600 lump
sum payment)
-
January 1, 2012 - 2.25% general wage increase
-
January 1, 2013 - 1.75% general wage increase
-
On call premiums increased $5.00 to
$55/week for the first 26 weeks a year, and doubled to $100/week for any week on
call beyond the first 26 weeks.
-
Eye care coverage increased to $450/24
months ($350/12 months for dependent children) plus $80 for eye exam.
-
Hearing aids increased to $800/4 years.
-
Dental implants considered for
reimbursement at the cost of the least expensive professionally adequate
treatment to the plan maximum.
-
Severance maximums increased from 26 to
35 weeks and include placement services.
Please
click here to read the full ratification
package.
Teranet is an international leader in electronic
land registration and is the exclusive provider of online property search and
registration in Ontario. The company developed, owns and operates Ontario’s
Electronic Land Registration System (ELRS) and facilitates the delivery of
electronic land registration services on behalf of the Province of Ontario.
Teranet is a wholly-owned investment of Borealis
Infrastructure, the infrastructure investment arm of the Ontario Municipal
Employees Retirement System (OMERS).
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