Indiana U. plans to offer thousands of university employees voluntary retirement buyouts
The Associated Press
March 11, 2011
Indiana University is drafting plans to offer thousands of university employees a voluntary retirement buyout.
School spokesman Larry MacIntyre tells WTHR-TV in Indianapolis that IU hopes to offer the proposal to eligible faculty and staff within the next month. The package will include part of the employee's salary and a health care bridge, but details are still to be determined.
MacIntyre says up to about 3,000 employees now working on IU's eight campuses could be eligible for the buyout.