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HomeMy WebLinkAboutTIV 93 011 Gov't expenditure Corporation of the Village of Tiverton By-Law 1993-11 BEING A BY-LAW TO PROVIDE FOR CERTAIN MATTERS RELATED TO THE GOVERNMENT'S EXPENDITURE REDUCTION PROGRAM. . WHEREAS under the Act to encourage negotiated settlements in the public sector to preserve jobs and services while managing reductions in expenditures and to provide for certain matters relating to the Government's expenditure reduction program, the Council of the Village of Tiverton enacts the following: v·'::!too. 1. Presently there are no employees of the Corporation who are above the $30,000.00 annually, excluding overtime pay exemption of this Act. 2. For the period June 14, 1993 and ending with March 31, 1996 the maximum annual remuneration excluding overtime will be $29,999.99. 3. New employees will be subject to the above restriction. 4. All merit increases, cost-of-living increases or other similar movement of or thorough ranges, and increases resulting from any movements on any pay scale or other grid system will not be implemented. 5. Nothing in this by-law prevents increases in compensation as a result of a promotion or acting promotion of an employee to a different position. Read a FIRST and SECOND time this 27th day of July, 1993. Read a THIRD time and finally passed, signed and sealed this 27th'day of July, 1993. - ¿~Jh~- Cferk !I~ Reeve .. f . .- " . '-",