December 12, 2003
P&S Council: Retirement preferred over layoffs
Department managers across
Iowa State should be
encouraged to offer retirement incentive options to employees,
according to a resolution passed unanimously by the Professional and
Scientific Council Dec. 4. The council's compensation and benefits committee
proposed the recommendation, in light of ongoing tight budgets and, in some
cases, the resulting restructuring of units. Committee members said
retirement is a preferred solution to employee furloughs or layoffs.
The council's recommendation intentionally does not spell out eligibility
requirements for retirement, nor does it offer guidelines on what the
incentives might be. It encourages "latitude [within departments] to explore
retirement options with eligible employees."
"We're not proposing a retirement 'program,' per se," said Trevor Riedemann,
a member of the committee. "We're asking the university to encourage this as
a workforce management tool."
An early retirement incentive program offered by the Board of Regents, State
of Iowa, expires
June 30, 2004. (Eligible employees must apply by this date.) Eligibility for
that program is limited to those who, as of June 30, 2002, were at least 57
years old and had 15 or more years of service at Iowa State. Since 2002, the
five regents schools have not proposed another early retirement incentive
program to the board.
The council's resolution will be forwarded to President Gregory Geoffroy and
all three vice presidents.
In other council business, president Kevin Kane told council members that
the most recent version of a proposed Leave for the Arrival of Children
policy, tabled by the regents at the September meeting, has been tabled
indefinitely. Kane said budget reductions hurt the likelihood the board
would approve a new program at this time. Iowa State, which has been a
driving force behind the proposal, most recently sent a package of
supporting materials to the regents board office in September.
Kane said both Geoffroy and vice president for academic affairs and provost
Benjamin Allen have encouraged managers to be creative and flexible in
achieving the family-friendly objectives of the policy, even in the absence
of a formal leave policy.
The council's next meeting begins at 2 p.m. Thursday, Jan. 8, in the
Memorial Union Pioneer Room.
Ames, Iowa 50011, (515) 294-4111
Published by: University Relations,
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