Nov. 5, 2009
The temporary layoff/furlough plan is one university-wide strategy approved Oct. 29 by the state Board of Regents to help meet a $24.5 million state funding reversion. Other strategies include a partial closing of the university during the Dec. 24-Jan. 3 window and a temporary reduction in the university's contribution to employees' TIAA-CREF retirement accounts. The board approved a second retirement incentive option program, for which most of the savings will be seen in FY11. Lastly, the board will take final action on a proposed spring semester tuition surcharge when it meets Dec. 10 in Ames.
Temporary layoff/furlough details anticipated next week
by Diana Pounds
ISU officials continue to work out the details of a temporary layoff/furlough plan.
The portion of the plan that applies to Iowa State's faculty, P&S staff and supervisory and confidential staff is nearing completion, and officials hope to release more details and a Q&A next week. Officials are in discussions with AFSCME to determine how a temporary layoff would work for those covered by the AFSCME contract.
Stay tuned
Watch Inside or the Budget Updates site for forthcoming details on the temporary layoff/furlough plan.
The plan for employees requires faculty and staff to take a specified number of days or shifts off without pay this fiscal year. The number of temporary layoff/furlough days required ranges from 4 to 8 days for most full-time faculty and staff and is based on salary level. Twenty-six senior leaders at ISU will take 10 days and President Gregory Geoffroy will take 12 days.
Days and shifts will be adjusted for those who work less than 12 months, or less than the standard work week.
Employees will work with supervisors to schedule temporary layoff/furlough days. Faculty furloughs must occur on days that don't conflict with scheduled class times, labs, recitation/discussion sections and exams.
