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REF NO.: 201
SUBJECT: Memorial University's Board of Regents ratifies new contract for faculty, librarians
DATE: July 25
Memorial University's Board of Regents has ratified the tentative agreement reached between the university and the Memorial University of Newfoundland Faculty Association (MUNFA).
The union represents the institution's 750 faculty, librarians and co-operative education co-ordinators. MUNFA members had voted to ratify the contract on July 15.
The agreement, which is consistent with other settlements in the public sector, includes general salary increases of five per cent per year over its three-year term. The agreement is effective September 1, 2002.
Both parties expressed pleasure with the deal.
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