93.9 The Eagle – The News and Talk of Columbia, MO
(AP) – Nearly 190 faculty members from the University of Missouri System have accepted buyouts and will retire by Sept. 1.
The Columbia Missourian reported faculty meeting certain criteria – including being tenured and at last 62 – had until Friday to make their decision final. Faculty who took the buyout will receive a payment equal to 1.5 times their benefits-eligible salary.
The system president’s office said 94 of 226 eligible University of Missouri-Columbia faculty members -42 percent – accepted the buyouts.
At Missouri-Kansas City, 47 percent – or 50 of 106 – eligible faculty accepted. Another 34 percent – 24 of 71 – of eligible University of Missouri-St. Louis faculty accepted, and 35 percent – 19 of 55 – of eligible faculty at Missouri University of Science and Technology faculty accepted.
