ARLINGTON -- Twenty-seven University of Texas at Arlington faculty members have agreed to take part in a voluntary buyout program offered as a way to help contain costs while Texas lawmakers weigh cuts in higher education.
UTA expects to save more than $2.2 million in salaries and about $622,000 in fringe benefits annually. Some 117 faculty members were eligible for the program, which was first announced in March.
The 23.1 percent participation rate was close to the 24 percent the university expected, said Kristin Sullivan, spokeswoman for the university. Last summer, when UTA offered a similar program, 59 of 247 eligible employees took the offer, she said.
The buyouts were offered to tenured or tenure-track faculty members who are full-time employees as of May 31 and whose combined age and state service total 85 years, such as a 60-year-old faculty member who worked at UTA for 25 years.
The program didn't have a preset goal for how many employees had to take the offer.
The university doesn't expect the buyouts to leave a teaching void.
Faculty members who are not fully engaged in research and who are not carrying full teaching loads, for example, will be asked to teach more classes, Sullivan said. UTA has also been making changes to the class scheduling system.
The university does not intend to offer the program again for either faculty or staff, Sullivan said.
Diane Smith, 817-390-7675