1. Preparing for the Biennium Click on icon for presentation audio >>

2. Dean’s Advisory Council “Financing the Future” task force Context of national and state financial constraints ‘Blue Ribbon Committees’ help establish groundwork to determine priorities, new investments and cost containments Click on icon for presentation audio >>

3. Council Recommendations Status of biological sciences & implications for CBS Enhancing tuition revenue Increasing efficiencies Click on icon for presentation audio >>

4. CBS O&M (Tuition & State Subsidy) FY10- ~$40M Click on icon for presentation audio >>

5. Portion of total O&M we CAN reduce- 28% (~$11M) Click on icon for presentation audio >>

6. Effective reduction – 10% Click on icon for presentation audio >>

7. Administrative Efficiencies Masters in Biological Science Imaging Center Nuclear Magnetic Resonance Facility Dean’s office work restructuring Cost pools Without salary positions Click on icon for presentation audio >>

8. Salary Changes for FY11 P&A and Faculty 1.15% reduction spread evenly throughout FY11. Possible 2% merit pool increase Implementation Jan 1, 2011 Civil Service/Bargaining Unit 2% increase No step increase for bargaining unit Implementation July 1, 2010 Click on icon for presentation audio >>

9. Furlough Mandatory 3 day furlough during last week of December Furlough does NOT impact undergrads, grad students, P&A, faculty or professionals in training (post-doc) How pay cut will be implemented has not been determined Pay will be reduced by 1.15% for faculty and P&A. This percentage will be taken out of each paycheck in a consistent manner. The University will be closed from December 24, 2010 until January 2, 2011. No research or materials (plants, animals, etc.) will be jeopardized during the closure. Faculty and P&A can take up to 10 voluntary furlough days, staff can take up to 7 days. Click on icon for presentation audio >>

10. 27 th Pay Period Will not impact B based appointments. June 30 th paycheck will be administered on July 1, 2010 There will be 27 paychecks for FY11 instead of 26 for A based employees. 9 over 12 employees who normally receive 26 paychecks will receive 27 paychecks in the 2010-11 fiscal year. The amount of pay will not change, just the distribution. There will be no impact to benefits deductions FAQ’s: http://www1.umn.edu/ohr/economyandu/qanda/index.html http://www1.umn.edu/ohr/economyandu/qanda/index.html Click on icon for presentation audio >>

11. FY 2012 – 13 State Appropriations Base2009 $ 702.60 ABC Current2010 $ 623.40 $ (79.20)-11.3% 2011 $ 591.10 $ (32.30)-5.2% $(190.70)Biennial Cut Option A- Cut Same %2012 $ 524.50 $ (66.60)-11.3% 2013 $ 497.30 $ (27.20)-5.2% $(160.40)Biennial Cut Option B -Cut 1/2 as Much2012 $ 557.80 $ (33.30)-5.6% 2013 $ 543.30 $ (14.50)-2.6% $ (81.10)Biennial Cut Option C- Cut Same $2012 $ 511.90 $ (79.20)-13.4% 2013 $ 479.60 $ (32.30)-6.3% $(190.70)Biennial Cut Click on icon for presentation audio >>

12. How can we reduce? Click on icon for presentation audio >>

13. CBS Budget Idea Generator "Allow and encourage unpaid time off." "Some people might like to voluntarily cut their hours (and pay) due to personal reasons (daycare, commuting time, hobbies)." Click on icon for presentation audio >>

14. RECESS Eligibility Any non-represented faculty or staff working over 75% time. Plan Details  Allow employees to reduce their work effort to as low as 50%, while still receiving the same University contribution toward medical and dental benefits  Application form needs to be filled out for each fiscal year, but appointment reduction does not need to last the entire fiscal year. Temporary reduction. This program will be offered through fiscal year 2012, at which time its continuation shall be evaluated. Click on icon for presentation audio >>

15. Personal Options for Staff ProgramEligibilityDetails Voluntary Reduction All staff Permanent reduction in appointment. Subject to supervisor approval. RECESS 75% (or greater) appointment, Civil Service and P&A Temporary program. Can reduce appointment to 50% and still maintain health coverage. Currently offered through FY2012. Subject to supervisor approval. Unpaid Personal Leave All staff Unpaid time away from work for personal reasons for a specific time period up to 12 months. Subject to supervisor approval. Click on icon for presentation audio >>

16. Personal Options for Faculty ProgramEligibilityDetails 2 Year Transitions Program Tenured faculty 63 and older Two year phased retirement with modest professional development funds. Healthcare savings account after termination. Phased Retirement Tenured faculty 52 and older One to five year phased retirement with at least 25% reduction. Minimum two years continued health benefits. Terminal Agreement Tenured faculty 52 and older with 10 years of service One year of salary paid in lump sum at termination. Two years continued health benefits. RECESS 75% (or greater) appointment Temporary program. Can reduce appointment to 50% and still maintain health coverage. Currently offered through FY2012. Tenure track faculty need to discuss impact on tenure clock. Unpaid Personal Leave All faculty Unpaid time away from work for personal reasons for a specific time period up to 12 months. Click on icon for presentation audio >>