U. of Nebraska to Offer Early Retirement to 30% of Tenured Faculty

October 2, 2014

The University of Nebraska at Lincoln is offering early retirement incentives to faculty members aged 62 and up to try to encourage more of them to move on and make way for a new generation of instructors. The offer, of a one-time lump-sum payment of 90 percent of a professor's annual salary, will go to about 250 professors with at least 10 years' experience at Nebraska, or about 30 percent of the university's tenured faculty members. Inside Higher Ed's recent survey of chief human resources officers found that HR directors – especially those at public colleges and universities -- are growing increasingly concerned about faculty members working well past traditional retirement age, leaving little flexibility for their institutions to hire a new generation of professors.

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