Professional Development Fund Committee. 18.02.1 Effective 1 April 2006, the University will establish a Professional Development Fund of six-tenths of one percent (0.6%) of the salaries of Faculty Members. This will be the total amount of any funds the University is obligated to contribute to professional development, and will replace any and all other professional development commitments. Effective 1 August 2016, the University will contribute three quarters of one percent (.75%) of the salaries of Faculty Members to the Professional Development Fund.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement