Union News - April 2024
Hopefully all members are aware of the victory obtained by the Public Service Alliance of Canada (PSAC) in respect to damages received because of Phoenix pay system. At issue was the taxability of such payments. On February 29, 2024 an announcement was made that PSAC had secured an agreement with the Canada Revenue Agency to treat up to $1,500 of the Phoenix general damages compensation members received in 2021 as non-taxable.
All members who have not already filed a notice of objection must file an extension request and notice of objection by April 30, 2024 to be eligible for their Phoenix general damages compensation to be deemed non-taxable. Failure to do so will exclude members from the settlement and the opportunity to receive back taxes paid on average of $492. Details on how to file a notice of objection can be found on the UTE’s website:
https://www.ute-sei.org/en/node/500407