For Full. Time Probationary and Tenured Members, and for Limited-Term Members at the rank of Assistant Professor or above, the value of a Salary Point will be as follows: Base salary range Salary Point Value 2014-15 less than $109,734 $1,222 $109,734-$133,534 $924 $133,535 and higher $748 2015-16 less than $111,929 $1,246 $111,929-$136,205 $942 $136,206 and higher $763 2016-17 less than $114,168 $1,271 $114,168-$138,929 $961 $138,930 and higher $778 2017-18 less than $116,451 $1,296 $116,451-$141,708 $980 $141,709 and higher $794 29.1 Where a Member’s Base Salary before the application of the PLCP adjustment is below one of the breakpoints identified above (for example, the breakpoints in 2014-15 are $109,734 and $133,534), but where the PLCP adjustment to the Base Salary raises a Member’s salary above a breakpoint, the Salary Points used shall be partitioned such that the Member’s salary will be increased to the breakpoint using the value of the Salary Points for the salary range below the breakpoint, and then increased further (to the limit of the Member’s BSP plus DSP) using the value of the Salary Points for the salary range above the breakpoint.§§ 29.2 For Limited-Term Members at the rank of Lecturer the value of a Salary Point will be: 30. The Salary Point values and the number of Members in each Base Salary range shall establish the value of the PLCP fund, and the value of the BSP and DSP
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Sources: Faculty Collective Agreement, Faculty Collective Agreement, Faculty Collective Agreement