The Board approved the establishment of the position
of associate director of graduate programs and research in the School
The Board approved the establishment of a work term rate
of $1,378 per month for students enrolled in the advanced diploma in
coastal zone management at the Fisheries and Marine Institute, effective
April 1, 2001.
The Board approved the ratification of the tentative collective
agreement between Memorial University and NAPE Local 7850, on behalf
of the Marine Institute support staff.
The Board of Regents approved a five per cent salary increase
for non-bargaining, non-academic management, professional and executive
employees, with effect from April 1, 2001.
The Board of Regents approved the following recommendations
from the university pensions committee: 1) That the Memorial University
Pension Plans long-term exposure to the various asset classes
be 57 per cent equities (comprised of 27 per cent Canadian, 20 per cent
U.S., and 10 per cent international) and 43 per cent fixed income (40
per cent bonds and three per cent cash); 2) That the current investment
structure of two traditional balanced fund managers be changed to the
following: two balanced managers whose mandate is Canadian equities,
cash, and one-half of the bond exposure, plus responsibility for short-term
shifts in asset mix among these asset classes only; three specialty
managers one for each of the U.S. equities, international equities
and indexed bond asset classes; 3) That an ongoing internal performance
monitoring structure consistent with the revised investment policy be
The Board of Regents was informed of the exceptional manner
in which faculty, staff and students responded to the displaced passengers
resulting from the Sept. 11 tragedy and the following resolution was
passed: That the Regents offer their heartfelt thanks and their warmest
commendation to the hundreds of members of the Memorial University community
students, staff and faculty who helped to care for the
500 passengers billeted at the university on Sept. 11. These men and
women exemplified the very finest tradition of Newfoundland hospitality.
The university is proud of them.
The Board of Regents will hold its next regular meeting