Winter 2017 PEG

APEGA

Risk Management Need Addressed Through Dues Increase

On November 30, Council approved a Member dues increase for 2018 to enable APEGA to improve the way it mitigates risk, as the organization progresses in its efforts to become a stronger regulator and a more resilient organization. Dues for Professional Engineers, Professional Geoscientists, and Professional Licensees will increase by $32 to $392, plus GST, from $360, plus GST. Dues in other membership categories are also increasing. Council directed staff to place revenues from the in- crease in a new regulatory risk-management reserve. No portion of the increase is being used to fund operations. "We must be sure we are capable of handling severe risks, such as lawsuits, protecting title, ensuring compli- ance, and enhancing public protection," said APEGA Pres- ident Jane Tink, P.Eng., FEC, FGC (Hon.) "The reasoning behind this increase is sound, particularly in light of the extra emphasis we have been putting on strengthening our foundation and becoming a better regulator." She continued: "This is the second dues increase in a row, and I know it is going to be difficult for some of our Members to accept. An enormous amount of work by staff, the Audit Committee, and Council went into this decision. I want our Members and Permit Holders to know that Council never takes dues increases lightly. We all know that it is still tough out there, and if it were not necessary, we, Council, would not approve an increase." Member Dues in Canada Professional Engineers and Geoscientists

In an unprecedented move, Council also passed a motion for an additional one-year extension to APEGA's dues reduction for unemployed Members. The maximum timeframe for a Member to make use of the reduction is three consecutive years. If they remain unemployed, Members who are currently paying reduced dues can apply for an extension in 2018. Dues for Professional Engineers and Professional Geoscientists in Canada range from $220 to $450 a year, based on recent data. With the increase, APEGA dues will rank fourth among 13 engineering and geoscience regula- tors. In addition, APEGA's dues are on the lower end of the spectrum compared to many other self-regulating professional organizations in Alberta. "Ultimately, APEGA and our Members are all serving the public interest. We believe that self-regulation is the right model for doing this effectively, so managing risk is paramount," said Ms. Tink. When Members are invoiced at the new rate depends on when they first registered. You’ll be invoiced one month before the anniversary of your registration. WHY SUCH A CONCERN ABOUT RISK? Study, Design, Frame - PEG Spring 2016 The Privilege of Self-Regulation - PEG Fall 2016

Member Dues of Other Alberta Professions

$2,600

$450

$425 $420

$392 $380

$1,960

$351 $340 $340

$300

$1,532

$264 $263

$241

$1,051 $1,000

$220

$962

$802

$584

$570

$392

APEGA

College & Association of Registered Nurses of Alberta

College of Dietitians of Alberta

Alberta College of Pharmacists

Law Society of Alberta

College of Physicians & Surgeons of Alberta

Alberta Veterinary Medical Association

Chartered Professional Accountants of Alberta

Alberta Dental Association & College

Alberta Association of Architects

APEGS OGQ APGO APEGA (2018)

APEGM EGBC (APEGBC)

NAPEG OIQ ENGPEI

APEGY ENGNS PEGNL

PEO

As of November27, 2017.Amounts donot include taxes.

As of November27, 2017.Dues donot includeGST.

16 | PEG WINTER 2017

Made with FlippingBook flipbook maker