Notice to the reader
This document is no longer in effect. It has been archived online and is kept purely for historical purposes.
This document is no longer in effect. It has been archived online and is kept purely for historical purposes.
Effective April 1, 2022
In accordance with subsection 10.2.1 of this directive, the maximum amount of the posting loan, effective April 1, 2022, is $48,544 or up to 50 per cent of the employee's gross annual salary in effect at the time the loan is approved, whichever is the lesser.
Note:
The dollar amount shall be adjusted annually on April 1st in accordance with the methodology agreed to by the NJC FSD Committee.