Iowa State will present a proposal for a specialized retirement incentive program (SRIP) to the State Board of Regents when it meets next week in Ames. If approved, the SRIP would be limited to tenured faculty in the College of Liberal Arts and Sciences (LAS) or in one of the six departments LAS jointly administers with the College of Agriculture and Life Sciences. The retirement option is one of the first components announced in LAS' multiyear plan to resize its budget to reflect changes in student enrollment and demand for academic programs. The intent is to meet its budget goal by June 2026.