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Important Information on Retirement Options and Workforce ReductionsContributed by News on 04/13/20 Dear Faculty and Staff: As we continue to practice social distancing and observe stay-at-home orders in New York State, I hope this message finds you and your families well and adjusting to our new reality. As we shared at the All-Faculty-and-Staff Meeting on March 31, 2020, the senior leadership team has been working with leaders across campus to address organizational needs and objectives at the college, including the necessity to adjust the size of our workforce as a result of the coronavirus pandemic. While the current situation is certainly heightening and accelerating the need to examine our staffing levels, it is not in and of itself the primary driver. Rather, the need to recalibrate the college’s size was clearly outlined in our strategic plan. We now need to begin taking the difficult steps necessary to achieve that goal. Today, we write to share information regarding voluntary and involuntary reductions. It is important to the college to offer, to the extent we can, voluntary workforce reduction incentives that are beneficial to and solely at the option of our employees. We want to make clear that the number of voluntary reductions will not necessarily impact the overall number of involuntary reductions, most of which are based on changes in business need. However, both are necessary in order to preserve the college’s long-term future. We encourage you to consider whether one of the following voluntary reduction options is of interest to you: 2020 Retirement Incentive Employees who elect the retirement incentive will remain eligible to be covered by Ithaca College health benefits until they reach eligibility for Medicare. Please see the full plan document for additional details. Phased Retirement Voluntary Reduction in Scheduled Hours Unpaid Leave Voluntary Salary Reduction If you are interested in pursuing any of the above options, please complete the application. These requests are confidential and will be submitted directly to HR with a copy to your supervisor. We will work with you to answer any questions, facilitate communication with your department, and complete necessary paperwork. Submitting a request does not represent a final decision for the employee, but is rather an expression of interest. Involuntary Reductions A critical factor in this decision was the recent passage of the federal CARES Act, which provides those who are eligible for unemployment insurance with additional benefits, including a $600 weekly supplement to the weekly amount provided by the state. The CARES Act is designed to assist employers and employees with situations like ours, in which employees cannot perform most or all of their job-related duties due to the COVID-19 response. Through unemployment insurance and the additional federal supplement, most of our impacted employees will receive income that is at least comparable to their current weekly earnings. In addition, employees are eligible for continuation of health insurance through at least December 2020. It is important that staff and the college utilize critical resources made available by state and federal initiatives as we navigate these unique circumstances and unforeseen budgetary impacts. In addition, individuals who are receiving a furlough notice who qualify for the retirement incentive will be eligible to take advantage of that program. We want to emphasize that all impacted employees are valued members of our community, and they are crucial to providing the inclusive, student-focused experience that is the hallmark of Ithaca College. We hope to welcome many back when our campus is fully operational. Staff who are currently able to perform their responsibilities remotely or who have been temporarily reassigned to other duties will continue to be paid on their normal pay cycle. However, organization assessments have been in progress over the last several months in alignment with the strategic plan and we anticipate that there will be additional furloughs or workforce adjustments over the next several weeks. We understand the anxiety that this uncertainty can cause and can assure you that we are trying to be thorough and thoughtful, ensuring that all other available options are exhausted before impacting individuals’ employment. Thank you in advance for your patience and resilience during this difficult time. Tomorrow, we look forward to seeing many of you in the All Faculty and Staff Meeting during which we will try to answer as many of your questions as possible. Sincerely, Hayley Harris La Jerne Terry Cornish |
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