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New benefit maximums, effective January 1, 2024
The Pension & Benefits Committee approved changes effective January 1st, 2024.
What does this mean?
The amount available for reimbursement has increased to the new maximum as outlined above. For example, the coverage for paramedical practitioners (e.g., physiotherapy) has an annual reimbursement maximum of $841, instead of $811 per year.
Revised In-vitro fertilization benefits coverage effective October 31
Performance Appraisal process for 2023
Information on the performance process for 2023.
Minimum Wage Changes October 1, 2023
The minimum wage rates in Ontario are increasing on October 1, 2023 as summarized in the following table:
| Minimum wage rate | Current wage rate | Effective October 1, 2023 |
|---|---|---|
|
General minimum wage – applies to most employees |
$15.50 per hour |
$16.55 per hour |
Appointment of Chief Human Resources Officer
Waterloo’s Employee Equity Census
New Benefit Rates Effective May 1, 2023
What is happening?
On May 1st, of each year, the University’s extended health, dental, life insurance (Life) and long-term disability (LTD) benefits are typically subject to a contract renewal. Where applicable, new rates are applied, and employee deductions processed.
Participation in the University’s benefits program is mandatory for all eligible employees. Please refer to the employee Benefits section of the Human Resources website for more information.
Vacation Carry Forward process for 2023
- Please review your vacation allotment and consider taking vacation time before July 1, 2023
- Employees can automatically carry forward up to 10 unused days of vacation
- Only employees in exceptional circumstances will be approved to carry forward more than 10 unused days of vacation
Benefit Changes Effective January 1, 2023
The Pension & Benefits Committee has approved the following changes effective January 1st, 2023:
|
Benefit |
Provision |
Previous Maximums |
New Maximums |
|
Extended Health |
Psychologist, Master of Social Work, Registered Psychotherapist |
$975 per year |