Dear Colleagues,
The University of Nebraska is offering eligible faculty an opportunity to retire early through our Voluntary Separation Incentive Program.
The VSIP provides flexibility to our faculty regarding their retirement options. Based on past experience, we know a number of faculty may be considering retirement, and the VSIP gives those faculty an attractive option while also creating flexibility in the university’s budget to reinvest in priorities or plan for future uncertainty.
To be eligible for the VSIP, faculty must be tenured, at least 62 years old at the date of separation, and must have served at the University of Nebraska for at least 10 years. Faculty who choose to participate will be paid a lump sum of 80 percent of their base salary. The program is entirely voluntary.
You may access the VSIP application at go.unl.edu/vsip2019. Faculty have until December 3, 2019 to submit applications to the Executive Vice Chancellor's office, and will be notified by December 16, 2019 whether their applications have been accepted.
You may be asking: Why offer the VSIP now? We have discussed this matter carefully with our academic and business leadership teams and Interim President Fritz. We believe providing a flexible retirement option to our most senior faculty, who have collectively given many decades of service to the university and contributed enormously to our upward trajectory, is the right thing to do. We estimate 400 faculty across the UNL, UNO and UNK campuses are eligible to participate in the VSIP this year.
Concurrently, it makes good fiscal sense to create flexibility in our budget when we can. Past VSIP savings have allowed us to reinvest in the next generation of faculty and invest in research and other strategic priorities.
In addition to the application, you’ll find detailed information on the VSIP, along with common questions and answers, on our website at go.unl.edu/vsip2019.
Thank you for all you do for the University of Nebraska.
Sincerely,
 Ronnie D. Green Chancellor |
 Richard Moberly Interim Executive Vice Chancellor for Academic Affairs |
 Mike Boehm Vice Chancellor – Institute of Agriculture and Natural Resources |