Faculty Retirement Incentive Offered
The NMU Board of Trustees today approved a Faculty Voluntary Early Retirement Incentive Program. The program is being offered to faculty members 62 and older who have at least 10 years of service to the university. Sixty-five individuals are eligible.
"The plan will create an opportunity to reallocate resources within the Academic Affairs division so that we can invest more in areas that are growing or show the greatest promise for growth," said Paul Lang (Academic Affairs). "It also provides for significant operational savings in response to the decline in enrollment over the last few years."
Letters will be distributed to eligible faculty members. The program would be effective with the fall semester.