65 at the University of Kansas to take retirement incentive
LAWRENCE, Kan. (AP) — Authorities say 65 faculty members at the University of Kansas are expected to take an early retirement incentive.
The Lawrence Journal-World reports that the school announced the program in August as a way to help deal with a mandated $20 million budget-cutting initiative for the Lawrence campus. Tenured and tenure-track faculty had until last week to decide whether to participate.
By the time of retirement, participants had to be 62 years old. The provost office said in a news release that their median salary is $100,000. The most retirements are coming from the College of Liberal Arts and Sciences, with 28, followed by the School of Engineering, with 10.
The position may be eliminated, held open for a year or two or filled by new tenure-track junior faculty or instructors.
Information from: Lawrence (Kan.) Journal-World, http://www.ljworld.com