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Retirement Incentive MOA Passes 

October 29, 2024 / PSU-AAUP

Our membership voted 92.53% to 7.47% to approve the Retirement Incentive Option (RIO) Program  Memorandum of Agreement (MOA) designed to incentivize retirements, help address the PSU’s budget deficit, and reduce the need for layoffs. This program offers eligible AAUP-represented faculty members a one-time cash incentive to retire early. The full MOA can be found HERE

Now that the MOA has been ratified, eligible members will have a minimum of 45 days to make the election to opt-in. The election window will be open until at least December 18, 2024. 

View the full results of the vote HERE

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