Sponsored By
An organization or individual has paid for the creation of this work but did not approve or review it.

ADVERTISEMENT

ADVERTISEMENT

100 MSUM faculty members offered early retirement package

MOORHEAD, Minn. - Dozens of older and experienced faculty members at Minnesota State University Moorhead were notified last week that they are eligible for an early retirement package.

MOORHEAD, Minn. - Dozens of older and experienced faculty members at Minnesota State University Moorhead were notified last week that they are eligible for an early retirement package.

MSUM is looking to the early retirement of faculty members to offset a $4.9 million budget deficit and to avoid layoffs. The reduction in faculty members will align with the school's decreased enrollment, which dropped by 566 students between 2010 and 2013.

The school sent eligibility letters to about 100 faculty members, MSUM spokesman David Wahlberg said.

They'll have until Nov. 8 to respond with whether they'd be willing to accept early separation. From there, the school will offer early retirement incentives to about 35 people, or one person from each academic department.

The number of faculty members offered early retirement packages could vary because each offer is based on salary and years of experience at MSUM, Wahlberg said.

ADVERTISEMENT

He said the school will calculate the budget savings once officials know which faculty members will agree to early separation and discuss the deficit reduction plan with the faculty association.

What To Read Next
Crisis pregnancy centers received almost $3 million in taxpayer funds in 2022. Soon, sharing only medically accurate information could be a prerequisite for funding.
The Grand Forks Blue Zones Project, which hopes to make Grand Forks not just a healthier city but a closer community, is hosting an event on Saturday, Jan. 21, at the Empire Arts Center from 3-5 p.m.
A bill being considered by the North Dakota Legislature would require infertility treatment for public employees — a step that could lead to requiring private insurance for the costly treatments.
2022 saw more than three times as many pediatric (up to age 5) cannabis edible exposures in Minnesota compared to 2021. Here's what you can do to prevent your toddler from getting into the gummies.