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Preparing for the Biennium

Preparing for the Biennium. Click on icon for presentation audio >>. Dean ’ s Advisory Council. “ Financing the Future ” task force Context of national and state financial constraints

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Preparing for the Biennium

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  1. Preparing for the Biennium Click on icon for presentation audio >>

  2. Dean’s Advisory Council • “Financing the Future” task force • Context of national and state financial constraints • ‘Blue Ribbon Committees’ help establish groundwork to determine priorities, new investments and cost containments Click on icon for presentation audio >>

  3. Council Recommendations • Status of biological sciences & implications for CBS • Enhancing tuition revenue • Increasing efficiencies Click on icon for presentation audio >>

  4. CBS O&M (Tuition & State Subsidy) FY10- ~$40M Click on icon for presentation audio >>

  5. Portion of total O&M we CAN reduce- 28% (~$11M) Click on icon for presentation audio >>

  6. Effective reduction – 10% Click on icon for presentation audio >>

  7. Administrative Efficiencies • Masters in Biological Science • Imaging Center • Nuclear Magnetic Resonance Facility • Dean’s office work restructuring • Cost pools • Without salary positions Click on icon for presentation audio >>

  8. Salary Changes for FY11 • P&A and Faculty • 1.15% reduction spread evenly throughout FY11. • Possible 2% merit pool increase • Implementation Jan 1, 2011 • Civil Service/Bargaining Unit • 2% increase • No step increase for bargaining unit • Implementation July 1, 2010 Click on icon for presentation audio >>

  9. Furlough • Mandatory 3 day furlough during last week of December • Furlough does NOT impact undergrads, grad students, P&A, faculty or professionals in training (post-doc) • How pay cut will be implemented has not been determined • Pay will be reduced by 1.15% for faculty and P&A. This percentage will be taken out of each paycheck in a consistent manner. • The University will be closed from December 24, 2010 until January 2, 2011. • No research or materials (plants, animals, etc.) will be jeopardized during the closure. • Faculty and P&A can take up to 10 voluntary furlough days, staff can take up to 7 days. Click on icon for presentation audio >>

  10. 27th Pay Period • Will not impact B based appointments. • June 30th paycheck will be administered on July 1, 2010 • There will be 27 paychecks for FY11 instead of 26 for A based employees. • 9 over 12 employees who normally receive 26 paychecks will receive 27 paychecks in the 2010-11 fiscal year. The amount of pay will not change, just the distribution. • There will be no impact to benefits deductions • FAQ’s: http://www1.umn.edu/ohr/economyandu/qanda/index.html Click on icon for presentation audio >>

  11. FY 2012 – 13 State Appropriations Click on icon for presentation audio >>

  12. How can we reduce? Click on icon for presentation audio >>

  13. CBS Budget Idea Generator • "Allow and encourage unpaid time off." • "Some people might like to voluntarily cut their hours (and pay) due to personal reasons (daycare, commuting time, hobbies)." Click on icon for presentation audio >>

  14. RECESS • Eligibility • Any non-represented faculty or staff working over 75% time. • Plan Details • Allow employees to reduce their work effort to as low as 50%, while still receiving the same University contribution toward medical and dental benefits • Application form needs to be filled out for each fiscal year, but appointment reduction does not need to last the entire fiscal year. • Temporary reduction. This program will be offered through fiscal year 2012, at which time its continuation shall be evaluated. Click on icon for presentation audio >>

  15. Personal Options for Staff Click on icon for presentation audio >>

  16. Personal Options for Faculty Click on icon for presentation audio >>

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