Tenure buyouts, voluntary retirement payments and suspension of upcoming COLA also included in deal staving off severe financial crisis declaration
CHENEY – Eastern Washington University’s Board of Trustee’s approved a memorandum of understanding with the United Faculty of Eastern (UFE) that would stave off declaration of a severe financial crisis. All of the trustee’s voted for the memorandum with the exception of Trustee Uriel Iniguez, who voted no.
The agreement includes financial concessions from the union, including a one-year, 6-percent reduction in salary, a tenure buyout and relinquishment plan and a voluntary retirement and separation incentive. The university agrees to hold off on declaring a severe financial crisis until at lea...
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