Summary of recent wage re-opener settlement (2023)

  • 3% for the first year.
  • 3% for the second year.
  • 3.5% for the third year.
  • These increases include the 1% increases granted in September 2022.
  • Top-step salary for certain positions will be $126,689 starting from October 1st, 2023, which is around $8,000 more than what was set by Bill 124.
  • Retroactive payments for these increases, covering since October 2021, will be provided soon.
  • These changes could result in significant savings for members.
  • SunLife coverage increases to 90% (from 85%).
  • Maximum coverage rises to $4,750/year (from $2,000/year) starting October 1st, 2023.