Voluntary Separation Incentive Program
The University of Kansas Lawrence and Edwards Campus continues to face economic uncertainty and state budget constraints. At the same time our strategic goals present deans with some dramatic opportunities for new investment and growth. In order to help respond to the challenges as well as the opportunities, KU has adopted the Voluntary Separation Incentive Program (VSIP), effective August 6, 2018, for qualified faculty who are retirement eligible under the university’s policies. The VSIP is designed to provide eligible KU faculty who voluntarily elect, and are approved, to separate employment from KU on specified VSIP retirement dates with the separation benefits described more fully on this website. The VSIP strives to prioritize funding for investment in the strategic goals and strategies identified by the KU community.
The Voluntary Separation Incentive Program allows administrators to offer qualifying tenured and tenure-track KU faculty incentives to retire. The resulting faculty line may either be eliminated, held open for future programmatic directions or may be filled by new tenure-track junior faculty or instructors.
Only tenured and tenure-track KU faculty who will be at least 62 years old at time of separation AND who will have been at a Kansas Board of Regents institution for at least 10 years at the time of separation will be able to apply for consideration in this incentive program. The application - a completed Notice of Interest form - is due by 5 p.m., Friday. Oct. 5, 2018. University administrators intend to approve as many applications as possible, but financial and programmatic constraints may apply. Each application will be considered individually, however, in all cases the decisions will prioritize the university's financial and strategic needs. This program should not be viewed as a reward for faculty who've been at the university for several years, but in fact is an opportunity for the university to have greater flexibility with strategic and financial decisions.
Faculty on approved long-term disability, on a phased retirement agreement, or who are retirees who have been rehired are not eligible.
Review the complete VSIP Guidelines