UW Stevens Point continues preparing for a reduced state budget
4/17/2015
WSAU Radio Wausau

By Larry Lee 

The Wisconsin state budget is far from completed, but UW campuses all over the state are talking about how to live with a lot less funding next year. UW Stevens Point is no exception.

Greg Summers is the Provost and Vice Chancellor of Academic Affairs at UW Stevens Point. He says one of the tools they and other campuses are using is to offer a voluntary separation incentive to university staff that might want to retire early. "It's a voluntary separation incentive, which means that if folks are eligible to retire and they meet certain standards that are outlined in the program, they can make the voluntary decision to retire with some incentive, with some financial incentive from the institution, and that's another tool that our universities are trying to use to avoid what we think may be the need for involuntary layoffs, so it's a little bit different."

Summers says not all UW Stevens Point's 11-hundred plus staff would be eligible for the separation incentives. "There are about 281 people who are technically eligible for this incentive program at Stevens Point. They were all mailed packets with information for them to consider. We don't know yet, and we won't know until another week or so how many people will actually step forward and say that they're interested in the program."

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Article Tags

CPS; COFAC; CNR; COLS; Chancellor; Budget