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PSU faculty retirement incentives

4/10/2012: From Bill Graves in the Oregonian:

The university is offering a $10,000-to-$40,000 cash incentive to faculty and staff who are at least 55 as of June 30 or have at least 30 years of retirement credit with an Oregon Public Employee Retirement System employer. …  The retirement incentive was revealed this weekend after a month of negotiations between PSU administrators and members of the PSU chapter of the American Association of University Professors. 

One Comment

  1. Anonymous 04/10/2012

    The interesting thing is that they’re doing this because of expected shortfalls in the PSU budget. Probably because of declining state support and pressure to keep tuition down.

    Is the same thing going to happen here?

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