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December 18, 2014

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UNLV offering buyouts

With an eye toward saving money in the next biennium, officials at cash-strapped UNLV have begun offering a buyout program for some of their full-time employees.

Details about the program, available to some faculty and professional staff, are available on a new Web site the school set up.

The program encourages older employees to retire, offering them up to 110.5 percent of their annual pay in exchange for agreeing to leave their job at UNLV by the end of 2008.

The university is also offering a buyout program for workers who got notice on June 30 or July 1 that they would be laid off.

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