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January 5, 2010
Tales of the Deluge
University of Illinois - mandatory furlough for 11,000 employees.
Faculty and academic professional staff will take four furlough days - a temporary leave of absence without pay - between the four pay dates of Feb. 16 and May 16. Monthly pay will be reduced by one day for each of the four payroll periods. The president, chancellors and other senior administrators will take 10 furlough days between February and June pay dates. Their pay will be reduced by two days each month during the five-month period.
Why?
The University of Illinois has received only seven percent ($51 million) of its state appropriation since the start of the 2010 fiscal year in July 2009. The amount owed to the university is $436 million as of Dec. 31 and increasing each month
Posted by CrankyProfessor at January 5, 2010 3:34 PM