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Nebraska college offering early retirement deal

LINCOLN, Neb. (AP) — Tenured faculty at the University of Nebraska's three undergraduate campuses are being offered money to retire early.

The Omaha World-Herald reports it's an effort by the University of Nebraska system to save money on salaries. The deal is being offered to professors at the system's Lincoln, Omaha and Kearney campuses.

Faculty must be tenured and over 62 years old to be eligible for the offer. They also must have worked at the university for 10 years.

At the system's Lincoln and Kearney campuses, the payout is 90 percent of a professor's annual pay. At the Omaha campus, the payout will be a full year's pay but will be capped at $90,000.

Those who want to take the buy-out have to let their campus know by next month.


Information from: Omaha World-Herald,

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