Common use of Professional Expenses Clause in Contracts

Professional Expenses. 22.12.1 The Employer agrees to make available an accountable professional expense account of $2,125 per annum effective July 1, 2014 and $2,200 per annum effective July 1, 2015. The account shall be used to help defray expenses associated with their teaching, research, and related professional activities; in the case of Department Heads or Assistant Deans who have additional money in the professional expense account pursuant to Article 18.8.2, the account may also be used to cover legitimate expenses connected with departmental or College activities. The account may also be used to obtain financial counseling for retirement. 22.12.2 The Employer shall provide $225,000 annually for reimbursement of professional fees to employees who are required as a condition of employment to have a certification or license in order to perform their duties. The terms for allocation and guidelines for reimbursement of certifications and/or licensing fees will be determined and agreed to through the Joint Committee for the Management of the Agreement. Employees in the College of Medicine, who are practicing physicians, are not eligible for this benefit. 22.12.3 Each employee may claim against the employee's professional expense account while employed at the University. Any amount remaining in the account at the end of each year shall be carried forward into that employee's account for the following year, as long as the individual remains an employee of the University. Effective July 1, 2015, yearly allocations to an accountable professional expense account will be reduced so as to not exceed a maximum total accumulation of six times the amount stipulated in Article 22.12.1. Current accumulations beyond the maximum will not be reduced. 22.12.4 The Employer shall provide the Association by September 30 of each year with a report of total number of claims and total cost of professional expenses.

Professional Expenses. 22.12.1 The Employer agrees to make available an accountable professional expense account of $2,125 per annum effective July 1, 2014 and $2,200 per annum effective July 1, 2015. The account shall be used to help defray expenses associated with their teaching, research, and related professional activities; in the case of Department Heads or Assistant Deans who have additional money in the professional expense account pursuant to Article 18.8.2, the account may also be used to cover legitimate expenses connected with departmental or College activities. The account may also be used to obtain financial counseling for retirement. 22.12.2 The Employer shall provide $225,000 275,000 annually for reimbursement of professional fees to employees who are required as a condition of employment to have a certification or license in order to perform their duties. The terms for allocation and guidelines for reimbursement of certifications and/or licensing fees will be determined and agreed to through the Joint Committee for the Management of the Agreement. Employees in the College of Medicine, who are practicing physicians, are not eligible for this benefit. 22.12.3 Each employee may claim against the employee's professional expense account while employed at the University. Any amount remaining in the account at the end of each year shall be carried forward into that employee's account for the following year, as long as the individual remains an employee of the University. Effective July 1, 2015, yearly allocations to an accountable professional expense account will be reduced so as to not exceed a maximum total accumulation of six times the amount stipulated in Article 22.12.1. Current accumulations beyond the maximum will not be reduced. 22.12.4 The Employer shall provide the Association by September 30 of each year with a report of total number of claims and total cost of professional expenses.

Professional Expenses. 22.12.1 The Employer agrees to make available an accountable professional expense account of $2,125 per annum effective July 1, 2014 and $2,200 per annum effective July 1, 2015. The account shall be used to help defray expenses associated with their teaching, research, and related professional activities; in the case of Department Heads or Assistant Deans who have additional money in the professional expense account pursuant to Article 18.8.2, the account may also be used to cover legitimate expenses connected with departmental or College activities. The account may also be used to obtain financial counseling for retirement. 22.12.2 The Employer shall provide $225,000 [ ]275,000 annually for reimbursement of professional fees to employees who are required as a condition of employment to have a certification or license in order to perform their duties. The terms for allocation and guidelines for reimbursement of certifications and/or licensing fees will be determined and agreed to through the Joint Committee for the Management of the Agreement. Employees in the College of Medicine, who are practicing physicians, are not eligible for this benefit. 22.12.3 Each employee may claim against the employee's professional expense account while employed at the University. Any amount remaining in the account at the end of each year shall be carried forward into that employee's account for the following year, as long as the individual remains an employee of the University. Effective July 1, 2015, yearly allocations to an accountable professional expense account will be reduced so as to not exceed a maximum total accumulation of six times the amount stipulated in Article 22.12.1. Current accumulations beyond the maximum will not be reduced. 22.12.4 The Employer shall provide the Association by September 30 of each year with a report of total number of claims and total cost of professional expenses.