The Providence news. (Providence [R.I.]) 1891-1906, 1905-04-28
BROWN HAS
Retirement
SYSTEM

when DIR. W. II. r. Faunce was seen
yesterday relative 10 the matter Oh '"e
most recent Carnegie gift wnich Is 10
benefit professors who have reacheo
rine old age and are found 10 be stiil IN |
the harness. he said that at Brown theie
was already a system OF retirement III
vogue and that with the expiration Oh
the aresent year one OF those best known
among the members Of the faculty "ou'o
be retired on the pension list
DIR. Faunce said that the plan was an
exceedingly good one and would be iaF
reaching IN its effect. When pressed as
TO tho professor who would retire al the
end Of this years work, Dr. Faunce gave
no decisive answer. but In speaking
further OF the plan of Mr.. Carnegie ne
said:
"Mr. earn >gle's interest in our Ameri-
can colleges is very gratifying and this
renewed proof Of it will be particularly
well received.
'I only hope that Mr.. Carnegie's agents
viii consider whether II might not DC
well TO distribute the available tuho
among the different institutions whose
professors are to derive a benefit from
/ A. rather than 20 hold the sum uhaef
a board OF independent trustees.
~, might well be that retired pro-
! fessor who would be eligible under the
terms OF the gift would feel much NOR
! i've accenting the allowance allotted 10
him from the institution 10 which ne hsu
devoted his best days, than from a oouy
Of trustees, with whom ne had had noth-
! ing in common. ,.
"The plan Of retiring college professors
under certain conditions on a pension
,s most advisable Here at Brown. where
our own recently adopted retirment sys-
tenn goes into effect next June, We regard
n not as an act of charity but as an act
OF Justice We draw a sharp line OF dis-
tlnction between charity and justice IN
this instance. Moreover, IL reacts TO the
benefit OF the institution. for college
professor cannot give his best 10 the IN
stitutlon with which he is connected II
his mind is distracted by fears that ne
will not be properly provided Tor wheh
old age comes. In other words, such
system OF .etirement ministers 10 tnai
peace OF mind that is essential TO enec-
tive teaching.
The plan hX which -BrnKn- professors
, NAV be retired on a percentage Of their
salaries under certain conditions was
adopted BY the corporation oct >. l'eh
They are substantially as follows:
"section l. Any person in the service
: OF the university who has held the Of
fee OF president Of the university, dean
r OF the women's college. librarian of the
% General Library of Brown Univeyx'" or
OF fun professor. shall he retired AZ the
Z axe OF seventy G0) years: provided. how
= | ever that in case such age period be
reached during an academic year his re-
{ tirement shall not become operative until
tho end 81 the academic year.
7 ANY person who has been in the ac'
= tive service OF the university for twenty
% (2o) years or more shall he entitled 10 g
: pension Of 20-6oth O. e., one-third) Of his
; last annual salary, with an addition o.
l l-e0th OF his last annual salary, for eact
wear Of service above 20 years. The tota
> pension, however, in no case shall exceed
so-eoth q. e., one-hal0 Of his last annua
: salary.
ANY such person who has been ii
= active service OF the university in nm!
! OF the positions named above for at leas
% ten G0) years. but for less than twent!
C90) years may be granted pension a
- the discretion OF the corporation. sal
!. pension to be I'm the proportion 10 III
percentage OF salary TO which those offi
y GERS who have served twenty C2M year
,; are entitled. that his full years OF activ
I, service bear 10 twenty (a) years.
n sec. ?. No person under seventy GO
e. years Of age holding any OF the above
D named positions shall be entitled 10
3, retiring pension, but the corporation a
g their discretion may pay 10 any pei
j. son who while IN the service OF the un
IS verslty. has become incapable OF dis
charging his duties by reason OF perms
- nent inirrnity OF mind or body. or wh
o. has resigned before the age OF sevent
u (70l years. a persion not exceeding ths
| which he would be entitled to receiy
u under section II he had reached the az
of seventy C70) years.
= These rules shall take effect June
20 1905"