KU Employees Approved For Early Retirement

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Wednesday, June 6, 2012

The University of Kansas has accepted applications from 106 employees seeking early retirement buyouts.

A university spokesman says Kansas rejected applications from 43 other employees.

The university offered the early retirement incentive in April to about 665 employees at its Lawrence and Overland Park campuses.

Those approved for the program will receive a one-time payment equal to one year's salary, up to a maximum of $100,000.

Spokesman Gavin Young says decisions on whether to accept the applications were based on whether the individual buyouts would be a financial or operational benefit to the university.

Employees whose applications were accepted have until July 16 to decide whether to accept the offer.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 157468925 - kake.com/a?a=157468925
Gray Television, Inc.