Joseph P. Pennachetti
11th Floor, East
100 Queen Street West
Toronto, Ontario M5H 2N2
Voluntary Separation Program
July 12, 2011
From:Joseph P. Pennachetti, City Manager
Re: Voluntary Separation Program – Permanent Employees
As indicated in my note to you yesterday, the City is continuing to review and find ways to address our 2012 budget shortfall of $774 million.
Therefore, to help assist with meeting our financial pressures and to effectively reduce the size and cost of government, I am announcing today that, subject to Council approval which I will be seeking at Council's meeting to be held on September 26 and 27, 2011, the City will offer a Voluntary Separation Program for working in the Toronto Public Service.
All permanent employees represented by CUPE Local 79, TCEU Local 416, CUPE Local 2998 and non-union exempt/management employees but excluding employees who are represented by IAFF (TPFFA) Local 3888, are eligible to apply for this program. This Program does not apply to employees employed by the City's Agencies, Boards and Commissions.
The application form is available at: and I have also attached a copy to this memo. Employees who wish to be considered for participation in this Program must complete the application form and ensure that it is received by the Human Resources Division .
Following the application deadline, there will be a management review period, from September 12 to 30, 2011, after which employees will be notified if their applications for participation in the Program have been approved. In addition, employees who have been approved will be provided a departure date during the period October 1, 2011- December 31, 2011.
Voluntary Separation Program Details
An employee is eligible to receive as a lump sum payment, based upon her/his continuous years of service, pro-rated for part-time service,