Vote NO on our Administration’s proposal to gut the TRP
The faculty union’s Executive Committee urges our members to vote against the Administration’s proposal to eliminate the longstanding and popular Tenure Reduction Plan (TRP). Please vote No for your colleagues if not for yourself. The gist is that the Administration wants to take away the tenured faculty’s current guarantee of a year-and-a-half post-retirement income in exchange for a small increase in retirement benefits for PERS retirees and almost no increase for ORP retirees. The Administration made its proposal to end the tenured faculty’s TRP, which has been in place for at least 30 years, two days before the end of last…