Eight take early retirement offer at UAMS | Arkansas Blog

Friday, June 6, 2014

Eight take early retirement offer at UAMS

Posted By on Fri, Jun 6, 2014 at 12:36 PM

The University of Arkansas Board of Trustees will meet by conference call Monday to approve early retirement agreements from UAMS.

UA spokesman Ben Beaumont said the Board will have eight such agreements to consider.

We wrote in April about the early retirement incentive offer, an effort to pare costs of the tenured faculty at the College of Medicine. 

The deal includes 125 percent of a year's pay, plus $15,000, payable over for three years, and some other benefits. UAMS said at the time that 80 people were eligible and savings of roughly $14 million over three years were possible if a quarter of them, or 20, accepted the offer.

With eight taking the deal, the savings are reduced proportionately, but still worth several million depending on the faculty members' pay.

The UA Board also will vote on emeritus status for Don Pederson, retiring as vice chancellor for finance at UA-Fayetteville.


Favorite

Comments

Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • Is Arkansas in or out on Kobach voter data effort?

    The Washington Post has published a map that counts Arkansas as among states that will "partially comply" with a sweeping request for voter data by the so-called election integrity commission set up by Donald Trump in an effort to cast doubt on Hillary Clinton's 3 million-vote popular defeat of him in 2016.
    • Jul 2, 2017
  • Use of solar on the rise in Arkansas

    With a pivotal ruling expected any day now from the Public Service Commission, Kyle Massey at Arkansas Business reports on the increase in Arkansans adding solar generation units on their homes and business.
    • Apr 13, 2018
  • Rep. Mary Bentley's website now supports gay rights

    Somebody has cybersquatted on Republican Rep. Mary Bentley's website, replacing her messaging with a call for equal rights for LGBTQ people.
    • Jul 18, 2017

Slideshows

Most Recent Comments

 

© 2019 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation