Monday, April 20, 2015

Changes to the Faculty Professional Expense Reimbursement (Professional Allowance)


Under the terms of the faculty's new salary settlement, as of 1 May 2015, we will be able to carry forward any unspent FPER balances for up to three years, as well as continue to be able to carry forward all excess expenses for up to three years.

However, this change does not apply to the current FPER, due at the end of this month (30 April 2015). The change only comes into effect with the new salary agreement and so only takes effect in the fiscal year of 2015-2016. If it makes sense, you should use up any outstanding balance you have for this year or you will lose it.

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