Faculty Senate President’s Goals for 2015/2016  Make campus more efficient  Simplify/accelerate faculty hiring process  Time limits on each hiring step  Reduce number of steps as seen by faculty  Other processes – please bring to my attention  Increase faculty involvement in decision making  Example: Budget making process  Pass a bylaw amendment for the dean hiring process  Increase communication between faculty and administration

IFC  Tenure and post-tenure review  Tom Schuman is S&T rep on this subcommittee  Development of a statement on the value of tenure  Conduct a critical review of current policies  Develop mechanisms to reward achieving faculty through their career  Identify areas where current post-tenure review policies should be modified  Title IX  Steve Grant is S&T rep on this subcommittee  Monitor effects and implementation of Title IX  Suggest possible changes  Suggestion for all campuses to take the Coache Faculty Climate survey  Guns on Campus Law Suit

Retirement Medical Benefits  Renetta Gallup of UM System Benefits will address Faculty Senate at the November meeting  UM System Total Rewards Advisory Committee has been effective in slowing down the administration decision process  The issue:  There has been a change to the rules in how future medical benefit liabilities are booked – future liabilities must be fully funded  Liability is $1 billion in 2019  Projected liability in 30 years exceeds $4.5 billion  Funding this liability would take money away from salaries and other critical budget items

Retirement Medical Benefits for Current Retirees UM System leaders recommend that the university:  Continue to offer insurance coverage to current retirees  Continue the premium subsidy for retirees currently participating in the UM plans  Explore market alternatives to the university’s existing retiree insurance program that lower costs for both retirees and the university  Have new alternatives in place by January 1, 2017

Retirement Medical Benefits for Future Retirees  The discussion among UM System admin and faculty leaders is ongoing  Considering ending retirement medical benefits for future retirees after a given date in the future.  For those who retire at age 65 or older, current plans on open market appear better than UM system plans, e.g. Medicare Advantage plans  The problem is for those who retire before age 65 where comparable plans do not exist