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**Appendix "A"

FI - Financial Management
Annual Rates of Pay
(in dollars)

Table Legend

• $) Effective November 7, 2008
• A) Effective November 7, 2009
• B) Effective November 7, 2010

Pay Notes

Pay Increment

1. 1. The pay increment period for an employee in the FI Development level is twenty-six (26) weeks and for employees at levels FI-1 to FI-4 is fifty-two (52) weeks.
      1. Employees at levels FI-1 to FI-4, a pay increment shall be the next rate in the scale of rates.
      2. For employees in the Financial Management Development range, an increase at the end of an increment period shall be to a rate in the pay range which is four hundred dollars ($400) higher than the rate at which the employee is being paid or, if there is no such rate, to the maximum of the pay range.
   2. The pay increment date for an employee, appointed to a position in the bargaining unit on promotion, demotion or from outside the Public Service after April 15, 1986, shall be the anniversary date of such appointment. The anniversary date for an employee who was appointed to a position in the bargaining unit prior to April 15, 1986, remains unchanged.

Pay Adjustment (FI-DEV.)

2. An employee being paid in the Financial Management Development range shall have the employee's rate of pay increased on:
   **
   1. November 7, 2009, to a pay rate within the "A" range which is one point five percent (1.5%) higher than the employee's former rate of pay,
   **
   2. November 7, 2010, to a pay rate within the "B" range which is one point five percent (1.5%) higher than the employee's former rate of pay,

**Appendix "B"

Memorandum of Understanding Between The Treasury Board (Hereinafter Called The Employer) and
The Association of Canadian Financial Officers (Hereinafter Called The Association) In Respect of The Financial Management Group

Preamble

In order to compensate for specific responsibilities associated with the implementation of the Chief Financial Officer (CFO) Model during the period of transition, the Employer will provide a CFO Transitional Allowance to incumbents of positions at the FI-03 through FI-04 levels for the performance of duties in the Financial Management Group.

Application

1. The parties agree that incumbents of positions identified above shall be eligible to receive a "Chief Financial Officer (CFO) Transitional Allowance" as specified in 1(a) and 1(b) subject to the following conditions:
   1. Effective November 7, 2009, a Transitional Allowance is to be paid to employees at the maximum of each level identified in accordance with the following grid:

      Chief Financial Officer (CFO) Transitional Allowance

      	% of Level Maximum
      FI-3	1%
      FI-4	2%

   2. The Chief Financial Officer (CFO) Transitional Allowance specified above does not form part of an employee's salary.
   3. An employee shall be paid the Chief Financial Officer (CFO) Transitional Allowance for each calendar month for which the employee receives at least ten (10) days' pay.
   4. The Allowance shall not be paid to or in respect of a person who ceased to be a member of the bargaining unit prior to the date of signing of this Agreement.
   5. The value of the Chief Financial Officer (CFO) Transitional Allowance payable is at the value specified in 1(a) or 1(b) for the level prescribed in the certificate of appointment of the employee's substantive position.
   6. When an employee in receipt of the Chief Financial Officer (CFO) Transitional Allowance is required by the Employer to perform the duties of a higher classification level within the FI bargaining unit the Transitional Allowance of the substantive position shall continue until such time as the employee qualifies for the CFO Transitional Allowance for the higher level.
2. Part-time employees shall be entitled to the Allowance on a pro rata basis.
3. The parties agree that disputes arising from the application of this Memorandum of Understanding may be subject to consultation.
4. This Memorandum of Understanding expires on November 6, 2011.

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