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What is FEP?. The Board of Regents has authorized the President to implement a one-year system-wide Furlough/Salary Reduction Plan for University of California employees. Under the plan, employees\' work time will be reduced by a specified number of furlough days according to their salary level, with a commensurate reduction in pay. The Furlough Exchange Program (FEP) allows eligible academic employees who are subject to the furlough program to devote extra effort to extramurally funded proje13

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