BGSU planning incentive to reduce staff PDF  | Print |  E-mail
Written by Sentinel Staff   
Tuesday, 24 November 2009 09:05
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Bowling Green State officials will ask trustees to approve a University Employee Separation Program at their Dec. 3 meeting.
In an e-mail to BGSU staff Monday afternoon, BGSU President Carol Cartwright said the voluntary program will be a one-time offer to full-time faculty and staff with at least 15 years of service to BGSU as of June 30, 2010. Eligible employees will receive a flat dollar amount if they choose to retire or leave BGSU.
“It is also important to understand that this UESP is not an early retirement incentive plan because it will also be available to employees who are not retiring. In addition, no retirement service credit will be purchased for any employee,” Cartwright wrote.
Those who take advantage of the benefit may only return to work at BGSU as an adjunct faculty member for one year and only under certain conditions. There will be no other opportunity to be “rehired” at BGSU for 10 years.
Not eligible for the program are employees whose positions are 100 percent funded by federal grants, part-time employees and people who have retired and been re-hired. Details of the program, including the payout amounts, are being finalized and will be announced when the program is approved by trustees
Information will be sent to eligible employees following board approval.
“The UESP is an important tool to help reduce costs in these uncertain economic times. I appreciate your hard work and dedication to the university and will keep you informed as we move forward,” Cartwright said.
Last Updated on Tuesday, 24 November 2009 09:42
 

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