Relocation Assistance Plan for New Career/Tenure Stream and Long Term Employees Policy Addendum
- Related Documents: Relocation Assistance Plan for New Career/Tenure Stream and Long Term Employees Policy, Relocation Assistance Reimbursement Procedures
- Unit: Responsible: Vice-Provost, Faculty Affairs; Human Resources
- Owner: Vice-President, Administration and Operations; Provost and Vice-President, Academic
- Approver: President
- Review Dates: April 2000, October 2006, August 2007, April 2025
In consideration of your accepting employment by Toronto Metropolitan University ("the University") and as a term of such employment, the University agrees to pay to you, subject to the terms and conditions outlined in your offer letter, an allowance in reimbursement for the expenses of your move to Toronto.
Reimbursement will only be made if your move results in you residing at least 50 kilometers closer to Toronto Metropolitan University.
1. This reimbursement is limited to a maximum of $5,000 within Ontario and to a maximum of $10,000 outside of Ontario of eligible relocation expenses, as follows:
a. Transportation expenses for you and your immediate family by your choice of the following (whichever is the least costly):
i. private automobile (one vehicle only) at the current reimbursement rate as per the policy on Travel and Other Business Expenses, inclusive of gasoline, oil and repairs on route
ii. an economy commercial airline fare
iii. standard first class rail tickets
b. Reasonable and actual travel accommodation costs while on route and up to one week post arrival in Toronto, if local accommodation is not yet available
c. Per diem amounts for daily expenses while on route, as follows:
i. $50.00 for you
ii. $40.00 for your spouse (if applicable); and
iii. $30.00 for each child (if applicable)
d. Reasonable costs for packing, transporting, unpacking and in-transit insurance of household and personal effects of your immediate family and yourself.
e. Reasonable costs for storage of household and personal effects of your immediate family and yourself for up to one month subsequent to your relocation.
f. Immigration-related expenses as approved, up to a maximum of $2,500.
g. Temporary accommodation while searching for housing to a maximum as approved by the dean/director
2. The following costs associated with relocation will not be reimbursed:
a. per diem expenses on arrival
b. costs associated with transporting a second vehicle, boats, or unusually heavy equipment such as a lathe, to the destination; and
c. expenses associated with the sale and/or purchase of a house, including real estate commission and legal fees/disbursements.
3. The University shall not be liable under any circumstances for any loss, damage, bodily injury or inconvenience suffered, incurred or sustained by you or by any member of your immediate family in the course of, or as a result of, your move to Toronto for employment by the University.
4. The payment of income tax (if any) on this allowance will be your responsibility.
5. By your acceptance of the allowance you will agree that should you resign from your employment from the University for any reason whatsoever, within three years from the date of hiring, you will, upon the cessation of such employment, reimburse the University for the allowance paid to you. Such reimbursement will be made on the following basis:
a. If your resignation occurs within one year, the entire allowance paid by the University shall be refunded.
b. If your resignation occurs within two years, 75% of the allowance paid by the University shall be refunded.
c. If your resignation occurs within three years, 50% of the allowance paid by the University shall be refunded.