UI Communications Director Jodi Walker said about 700 employees are eligible for one or both measures, which will help the university deal with cuts related to a shortfall expected to balloon to $22 million by fiscal year 2022. To deal with the deficit, UI President Scott Green said in a memo late last month that the school will seek an additional $8 million in budget cuts over the next two years in addition to $14 million in budget reductions UI imposed earlier this year, which will become permanent.
https://dnews.com/ui-lays-out-retirement-separation-incentives/article_998dccc8-1060-11ea-ba0d-6796a6e9ff72.html
