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===Policy=== | ===Policy=== | ||
<p style="max-width:70em !important; margin-bottom:15px;margin-left:3em;">Emeritus faculty members are eligible to access and use their allocated professional development funds for a one-year period after the official retirement date. These funds must be used for professional development purposes. Unused funds will revert to the division level after one year.</p> | <p style="max-width:70em !important; margin-bottom:15px;margin-left:3em;">Emeritus faculty members are eligible to access and use their allocated professional development funds for a one-year period after the official retirement date. These funds must be used for professional development purposes. Unused funds will revert to the division level after one year.</p> | ||
====Allowable Expenditures==== | |||
<p style="max-width:70em !important; margin-bottom:15px;margin-left:3em;">Funds may be used for the following professional development activities:</p> | |||
<ul> | |||
<li>Professional conferences registration</li> | |||
<li>Membership in professional organizations</li> | |||
<li>Supplies/services for professional activities (e.g., publications, printing of presentation materials, manuscript editing</li> | |||
</ul> | |||
====Fund Utilization==== | |||
<ol> | |||
<li>Request Submission. Emeritus faculty members wishing to access their professional development funds must submit a request to the Assistant Dean of Finance and Operations (ADFO) via email, detailing the professional development activity, item, or service they wish to purchase. </li> | |||
<li>Approval Process. The ADFO reviews the request for compliance with University and State regulations and ensures that the expense qualifies under allowable expenditures. </li> | |||
<li>Procurement Process. Upon approval, the requested items or services are purchased under the direction of the ADFO using the College procurement card. Receipts and purchase documentation are retained for record-keeping. </li> | |||
<li>Timeframe for Fund Usage. The professional development funds must be used within one year of the official retirement date. </li> | |||
</ol> | |||
====Unused Funds Reversion==== | |||
<p style="max-width:70em !important; margin-bottom:15px;margin-left:3em;">If any funds remain unused after one year, they will revert to the division level for reallocation. </p> |