The additional dollars came from a state health insurance rebate reserve fund. University officials anticipate the state will make up the remainder of the shortfall, but that additional funds would be allocated no more often than quarterly. While it is expected to be in the vicinity of 0.4 percent, the exact percentage is not known yet because not all employees will receive a supplemental salary adjustment. K-base employees with negotiated FY97 salaries are not eligible for supplemental funds.
Graduate assistants are eligible for supplemental funds.
The appropriate budget units will make these decisions, with approval required by the Graduate College dean. University officials anticipate that the additional dollars will become part of the base salaries of all employees receiving them, but the final base salaries for FY97 will be determined next spring. The same policy of eligibility and distribution would be used at that time. For more information on the salary policy, contact Rabindra Mukerjea, assistant to the president for budget planning and analysis, 117A Beardshear, 4-0585.