Peterbourough - On Friday Trent University’s Board of Governors ratified the three year settlement reached between the University and the Faculty Association on October 23, 2009. The Association previously ratified the tentative settlement on November 9, 2009. The new three year agreement is retroactive to July 1, 2009.

Significant changes to the agreement include: an increase in both employee and employer pension contributions, adjustments to the existing compensation formula to improve longer-term budget planning, revisions to language governing faculty personnel decisions, and contract language changes that ensure that the University continues to meet legislative compliance. Trent faculty salary increases will continue to be calculated on an annual basis, using a formula which ensures parity with comparator universities across Ontario.

TUFA represents over 300 faculty and professional librarians at Trent University.