U.W. Offers Early Retirement In Effort To Save Money


AP 7-11,2016

The University of Wyoming is offering retirement incentives for certain employees as part of a plan to cut $35 million from the budget ending in 2018.

University vice president and general counsel Rick Miller told the Laramie Boomerang (http://bit.ly/29tpyhL) that the goal is to build a pool of vacancies.

People at least 61 years old who worked for the university for 15 years with at least 10 being consecutive can retire by Aug. 5 and continue receiving their normal salary amount until the end of the year.

Miller said there is also a sick leave incentive.

The incentives will cost more this year but result in a $3 million reduction from the 2017-2018 budget.

Miller said dozens of workers expressed interest as of July 1.