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State-owned university system to implement early retirement program

  • The Associated Press
In this photo made on Friday, May 24, 2019, Old Main is shown on the campus of Slippery Rock University in Slippery Rock, Pa.

 Keith Srakocic / AP Photo

In this photo made on Friday, May 24, 2019, Old Main is shown on the campus of Slippery Rock University in Slippery Rock, Pa.

(Harrisburg) — Pennsylvania’s state-owned university system will implement a plan to reduce the size of their faculties by creating an early retirement incentive program.

At least 200 members of the faculty at the Pennsylvania State System of Higher Education have indicated they will opt for the one-time incentive program.

The system’s governing board approved the plan in January to align staffing with the decrease in student enrollment.

The incentive increases the maximum number of unused sick days retirees can be paid out for. At least 200 full-time faculty members had to sign up in order to make the plan cost-effective.

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