Early retirement incentives, presidential search process on agenda for Faculty Council

Systemwide group convenes on Nov. 4
By Staff

Early retirement incentives and the University of Colorado's presidential search process are among the agenda topics for the next meeting of the systemwide Faculty Council, originally scheduled for Thursday, Oct. 29, at 1800 Grant. Because of expected bad weather, the meeting has been postponed until noon-2:30 p.m. Wednesday, Nov. 4.

E. Jill Pollock, senior associate vice president and chief human resources officer, will discuss her review of the university's early retirement programs. Under consideration is a new addition to the faculty member's phased retirement program:  an early retirement incentive, tied to immediate retirement on a date agreed upon by the faculty member and university administration. The incentive might be paid in a lump sum or over a period of time.

The Board of Regents' Laws and Policies Committee plans discussion about the presidential search process at its Nov. 18 meeting. At the committee's recent meeting, Faculty Council and other governance groups were asked to provide their recommendations in advance of that meeting. After committee members have offered their input, proposals will be reviewed and prioritized for consideration before the entire Board of Regents at its Feb. 10-11 meeting.

Also at next week's meeting, Dan Montez, director of the Office of Policy and Efficiency, will present an update on the President's Task Force on Efficiency, and Faculty Council Chair John McDowell will lead discussion on the latest proposed revisions to the Board of Regents' Guiding Principles document and the university's mission statement.