The finalized reports will be brought before the Regents next fall. John Ruhnka reported that the personnel meeting was delayed due to severe weather, but will be rescheduled for next week. The committee is opposed to any delay in retirement compensation due to the benefits deficit. There are lots of problems with the faculty salary survey. Comparison with peer institutions does not really reflect the inflated cost of living in Colorado.
Industrial statistics are also flawed.
The university continues to lose good people and continues to have difficulty in attracting top tier faculty due to low salary compensation. There will be added choices to the 403b fund, but the fund description is not changing. The retirement compensation report will be broken down into categories. From a national standpoint, a low percentage of people are contributing to the fund. Michel Dahlin reported that the parental leave policy had been completed but was brought back to the women's committee to be re-endorsed due to changes in wording caused by complications in the federal family leave act.