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Minnesota State adopts revisions to early-retiree reemployment and separation-incentive policies
Summary
The Board approved final versions of board policies 4.6 (reemployment of early retirees) and 4.11 (early separation incentive program) after second readings; one public comment was rejected on 4.6 and two comments accepted on 4.11.
The Minnesota State Board approved updates to board policy 4.6, reemployment of early retirees, and board policy 4.11, the board’s early separation incentive program, after second readings at the board’s meeting.
Vice Chancellor Eric Davis told the committee that policy 4.6 clarifies what counts as an early separation incentive and that the 30-day public comment period, which ended April 9, produced a single comment suggesting the word “severance” be substituted for a reference to liquidation of unused sick leave. The system office rejected that suggestion and left the policy language referencing sick-leave…
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