Marquette Today

Campus News and Events

Submit news

Menu

  • Campus News
    • Top News for Students
    • Top News for Faculty & Staff
    • Magazines at Marquette
    • Campus Alerts
  • Archives
  • Submit news
    • Editorial Guidelines
    • Contacts
  • @MarquetteToday
  • Events Calendar
  • Topics
    • Community Engagement
    • Diversity
    • Innovation
    • Master Planning
    • Marquette Momentum
    • Research
    • Strategic Planning
  • July 1, 2022

Reminder: Deadline for full-time tenured faculty to apply for tenure buyout is Nov. 16

October 30, 2020

The Office of the Provost shares the following reminders and important deadlines related to Marquette’s Tenure Buyout Policy.

  1. The deadline for qualifying faculty to apply for a tenure buyout is 4:30 p.m. on Monday, Nov. 16, 2020. Late applications will not be accepted.
  2. Applications should be submitted electronically to Sally Doyle.
  3. The Tenure Buyout Policy stipulates the amount of money a faculty member is to receive in exchange for surrendering their tenure and is based on the option selected (immediate buyout or phased) as well as both the faculty member’s salary and age. For the immediate buyout, the payment is based on the faculty member’s age at the time of surrender of tenure.
    1. Those who are 68 or younger receive 100% of their salary.
    2. Those who are 69-70 receive 25% of their salary.
    3. Those who are 71 or older receive 5% of their salary. See the full policy for specific details.

Given the university’s current financial challenges and to further incentivize retirement, the Office of the Provost is increasing payments to faculty  who are69 years of age or older. To that end, faculty who are 69 or older will receive 75% of their salary if they apply by the Nov. 16 deadline and surrender tenure on Dec. 31, 2020.

  1. Phased one or phased two options for retirement are also available. Contact Sally Doyle for more information.
  2. After the Nov. 16 application deadline has passed, the provost will charge a task force to review the Tenure Buyout Policy in its entirety. The task force will be asked to make a recommendation regarding the future of the policy, including specific changes, should the policy continue forward beyond this year.

With questions about the Tenure Buyout Policy, contact Gary Meyer, senior vice provost for faculty affairs. With questions related to your individual case, including eligibility, contact Sally Doyle, assistant provost for budget and division operations.

Filed Under: For Faculty/Staff, News

More news

‘McGuire’ returning to Milwaukee at Next Act Theater this summer

June 29, 2022

Register for a July GROW Class

June 28, 2022

An update from Dr. Kevin Rich, chair of the James H. Keyes Dean of Business Administration Search Committee

June 27, 2022

Applications open for new intergenerational student housing program with St. Camillus life plan community

June 27, 2022

School of Dentistry researcher receives $1.45 million NIH grant to study effects of aging on oral health

June 27, 2022

Marquette receives two global CASE Circle of Excellence awards for video marketing collateral

June 27, 2022

Reminder: Milwaukee County Bus Rapid Transit project continues on campus through summer

June 27, 2022

Angela Schultz receives E. Michael McCann Public Service Award

June 27, 2022

More news

Quick Links

  • Faculty/Staff News
  • Student News
  • Magazines at Marquette
Submit news

Featured Stories

Shattering the glass frog ceiling

Shattering the glass frog ceiling

Teaching Instructor Rick Boyd is said to be only the second individual in the United States to successfully breed the granulosa glass frog in captivity.

Summer Studies empowers students to get ahead, explore interests

Summer Studies empowers students to get ahead, explore interests

Those interested in taking part in the second session of Summer Studies must register online by July 1.

Baby formula shortage presents challenges for families

Baby formula shortage presents challenges for families

Dr. Karen Robinson discusses the ongoing baby formula shortage, the difficulties many families are experiencing across the country and more.

Read more featured stories.

Safety

Safety Task Force approves 12 proposals for implementation

Plan for Commencement Weekend security measures

Last call: Safety Task Force idea submissions

Human Resources News

Medical coverage transparency in coverage rule

Walk this Way Step Challenge: My Wellness points and weekly giveaway available

Marquette University 2022 One-Time Employee Payment Information and FAQ

Research

Shattering the glass frog ceiling

Marquette faculty and staff grants from April 2022

Three faculty members earn prestigious Fulbright Scholar awards for international research

Awards & Accomplishments

School of Dentistry researcher receives $1.45 million NIH grant to study effects of aging on oral health

Marquette receives two global CASE Circle of Excellence awards for video marketing collateral

Angela Schultz receives E. Michael McCann Public Service Award

Marquette UniversityCopyright 2022 by Marquette University
MARQUETTE.EDU // CONTACTS // A TO Z