University of Virginia Library

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AUTHORIZATION FOR THE VICE PRESIDENT FOR BUSINESS AND FINANCE TO SEEK STATE APPROVAL OF EARLY RETIREMENT INCENTIVES
 
 
 
 
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3446

AUTHORIZATION FOR THE VICE PRESIDENT FOR BUSINESS AND FINANCE TO
SEEK STATE APPROVAL OF EARLY RETIREMENT INCENTIVES

  • The following resolution was adopted:
  • WHEREAS, the University of Virginia has developed early retirement programs as described to the Board of Visitors and as currently being reviewed by the Faculty Senate and University administrators; and
  • WHEREAS, the State intends to promulgate procedures for seeking approval of institutional retirement incentives consistent with the enabling legislation in the Code of Virginia;
  • NOW THEREFORE BE IT RESOLVED that the Vice President for Business and Finance be and he is hereby authorized (a) to make such adjustments to the University's early retirement proposals as are determined to be desirable and necessary on the basis of current reviews so long as the basic and substantive concepts remain consistent with the information provided to the Board and (b) to submit the early retirement proposals to the State for approval.