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Regents task force hears out‑of‑state phased‑retirement models; minutes approved
Summary
The Board of Regents task force heard presentations from Pennsylvania State System and Loyola University New Orleans about phased‑retirement programs, asked detailed questions about benefit eligibility and operational impacts, and approved the meeting minutes. No formal policy decision was made; follow‑up work was scheduled.
The Board of Regents task force convened for a scheduled meeting to review phased‑retirement program models used by other universities and to discuss next steps for Louisiana institutions. The task force approved the minutes at the start of the meeting and heard two external presentations before opening a lengthy question‑and‑answer period.
Brenda Mundell, Director of HR Shared Services for the Pennsylvania State System of Higher Education, described a negotiated side letter with the faculty union that allows eligible faculty to "phase out over a 3 year period at a reduced schedule," while retaining full‑time health benefit eligibility…
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