Consideration be given to allow faculty to make a ‘gift’ to the University in lieu of an actual salary reduction for tax purposes. This would diminish the financial impact to faculty.
(Of note is the higher amount of reduction realized from ‘non Instructional’ staff (which we assume includes administration) than Faculty. This supports the rationale that KSU spends an unhealthy percentage of our budget on Instruction.)
5%
Staff = $531,995
Faculty= $488,381
10%
Staff=$1,063,990
Faculty=$976,762
Reconsideration of a Retirement Transition Proposal (re-submission of Action Item P04-10: Retirement Transition Proposal from 2005)
Offering retirement age faculty the option of 1/2 employment (without benefits).
Excerpts from Kentucky's state funded 4 year universities' Faculty Handbooks regarding Financial Exigency, Employment Termination.
Summative comparison of sister institution's timelines for termination of employment as compared to KSU's
AAUP recommended policy
Organizational Charts of Small Liberal Arts Colleges/Universities