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Board schedules vote on retirement incentive

February 21, 2012

The Board of Governors for Higher Education has scheduled a vote on a retirement incentive plan for the University of Rhode Island.

Under the plan, senior faculty and staff would receive a one-time payment worth 40 percent of their current salaries if they agree to step down.

URI says the retirements will save millions of dollars and allow them to hire new professors in areas they see as high academic priorities. Some faculty members have called the incentives “demeaning” and raised concerns about the negative effect of a large number of retirements.

The incentive garnered the endorsement this week of the board’s facilities and finance committee. The board has scheduled a special meeting on Thursday to bring the issue to a final vote.

One Comment leave one →
  1. J.J. Ferreira, Jr. permalink
    February 22, 2012 2:00 pm

    Is this the next step in reducing and/or eliminating the humanities and social sciences in favour of expanding the various science and engineering programs, essentially turning URI into a polytechnic school rather than a comprehensive liberal arts research university? Is this state absolutely bereft of ANY understanding that the best education isn’t just about career and vocational education? Hasn’t the economic meltdown of this state taught anyone in the government anything? When will our leaders realize that without a complete commitment to true liberal arts higher education, this state will remain an economic and educational backwater? This is a perfect example of “race to the bottom” LACK of thinking at work.

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