Changes to U Grade and Decile Funding. 3.4.1 Where the salary rate of the principal as specified in clause 3.1.1 changes as a result of a drop in the U grade of the position (determined by the greater of the GMFS roll or the confirmed 1 March roll of the following year) and the principal’s salary exceeds the rate for the new U grade, the following shall apply: The amount of the principal’s U grade payment above the rate for the new U grade will be protected for a period of 24 months inclusive of the school year that the new U grade is confirmed in the 1 March roll; After the 24 month period of U grade protection, the principal shall be paid no more than the appropriate U grade for the position; U grade protection under this clause shall lapse if the principal accepts an alternative position or is appointed to a new position in another school.
Appears in 4 contracts
Samples: Principals' Collective Agreement, Principals' Collective Agreement, Principals' Collective Agreement
