Agenda Item† V. A. 2. g.
Washburn University Board of Regents
SUBJECT:† Voluntary Phased Retirement
At its November 8, 2000 meeting, the Board of Regents approved the renewal of the voluntary phased retirement plan originally approved on February 18, 1998.† Under this plan, employees meeting applicable criteria could apply for, and receive if deemed in the best interests of the University, voluntary phased retirement from the University.† Under the program approved, the successful applicant would receive a reduced workload for the term of the agreement, but continue receiving employee benefits as though she or he were a full-time employee of the University.† The program at Washburn University is similar to that of the state educational institutions.
Dr. Gregory Pease, a Professor in the School of Law, has requested a phased retirement program for three part-time years beginning in the 2007-2008 academic year.† Dr. Pease will teach a load determined by curricular needs in those three semesters (certainly including Decedentís Estates and Trusts), subject to the approval of the Dean of the School of Law.† Thus his annual appointment will vary and annual salary will be set accordingly.
The move to phased retirement will make it possible for the Law School to make a smooth transition in their academic programs and also allow them to continue to benefit from the excellent instruction that Dr. Pease offers.†
The cost of hiring additional teachers to replace lost instruction will be covered by salary savings from Dr. Peaseís phased retirement.††
President Farley recommends that the board of Regents approve this voluntary phased retirement request.
_________________________ †††††††††††††††††††††††††††††††† †_________________________
† Date†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††† † Jerry B. Farley, President