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Office of Academic Affairs

1000 E. University Ave

Dept. 3302

Laramie, WY 82071

Phone: 307 766-4286

Fax: 307 766-2606

Voluntary Separation Incentive Program

Announcement

On Nov. 18, the UW Board of Trustees approved a voluntary separation incentive program (VSIP) for certain UW academic personnel as part of the university’s budget reduction plan for the 2017-18 fiscal year. Those who have the opportunity to apply under the VSIP are academic personnel whose positions are provided for in the University’s agency 067 budget and who currently hold tenure track faculty positions, clinical faculty positions or extended term positions (“eligible employees”), and have been employed by the University of Wyoming for at least 20 years as of Aug. 31, 2017 (Aug. 22, 2017 for academic year employees). Years of employment do not have to be consecutive.

The opportunity for eligible employees to apply for this program is limited. Applications for the VSIP will be accepted now through Feb. 1, 2017. Eligible employees are encouraged to review the program summary carefully in order to determine if the VSIP is right for them. This summary, along with application materials, can be found below.

News

  1. New Q&A Added (updated 2/17/17)
    1. Will the delay in notification of admission to VSIP impact my separation date?
      1. See #15 in the FAQ's for the answer.
  2. New Q&A added (updated 2/10/17)
    1. Will the UW Voluntary Separation Incentive Plan (VSIP) be impacted if the 2017 Wyoming State Legislature adopts Senate File 95 (Early Retirement)?
      1. See #23 in the FAQ's for the answer.
  3. Deadline clarification: You can submit your application up to 11:59 pm on Wednesday, February 1st, 2017. (updated 1/31/17)
  4. New question: Can I make tax-deferred contributions to supplemental retirement accounts from the VSIP payment? (updated 1/6/17)
    1. See #22in the FAQ's for the answer.
  5. More VSIP Information Sessions Added (updated 12/22/16)
    • January 10, 2017 - Classroom 118 @ 2:00-3:00 pm
    • January 17, 2017 - Classroom 118 @ 1:00-2:00 pm
  6. New Q&A's added (updated 12/22/16)
    1. Why does the VSIP application form include a question about retirement plans?
      • See #13 in the FAQ's for the answer.
    2. If admitted to the VSIP, when will I receive the one-time payment?
      • See #14 in the FAQ's for the answer.

VSIP Timeline Summary (updated 2/20/17)

  • Thursday, December 1, 2016: Program formally announced and information available online.
  • Thursday, December 1 through Wednesday, February 1, 2017 - on or before 11:59 pm: Eligible employees may voluntarily apply for the program.
  • Wednesday, February 15, 2016: Deans (or supervisors, if the eligible employee holds an administrative appointment and reports to a vice president or the president) will review all applications in their colleges (or units) and will submit a ranked list of applicants they recommend be accepted into the VSIP to the Provost by February 15, 2017.
  • Monday, March 27, 2017: Accepted employees to the program will be notified no later than March 27, 2017.
  • Monday, April 3, 2017: All eligible employees accepted to the program by March 27, 2017, must execute their Separation Agreement by no later than April 3, 2017, and may revoke the executed agreement if they desire to by no later than 7 days beyond the date of execution of the Agreement.
  • Wednesday, April 5, 2017: If any accepted employee did not choose to execute their Separation Agreement, other eligible employees may be notified of acceptance to the program.
  • Wednesday, April 12, 2017: Any eligible employee given notice of acceptance to the VSIP on April 5, 2017, must execute their Separation Agreement by no later than April 12, 2017, and may revoke the executed agreement if they desire to by no later than 7 days beyond the date of execution of the Agreement.
  • Monday, May 15, 2017: First possible voluntary separation date for VSIP, unless upon request by a dean, the Provost has granted an exception.
  • Tuesday, August 22, 2017: Last possible voluntary separation date for Academic Year employees (9 month).
  • Thursday, August 31, 2017: Last possible voluntary separation date for Fiscal Year employees (12 month).

VSIP Summary and Application Materials

  1. VSIP summary - PDF
    1. Revised VSIP Summary - (Revised PDF version) - (updated 2/20/17)
  2. Application Form (Submit electronically to VSIP@uwyo.edu no later than midnight on February 1, 2017.) (form updated 12/22/16)
  3. Withdrawal Form (Submit electronically to VSIP@uwyo.edu any time before executed Separation Agreement is submitted.)
  4. Separation Agreement Template (Must be executed and submitted by mail or in-person no later than 5 pm on April 3, 2017.)
  5. Revocation Form (Must be submitted by mail or in-person no later than 7 days following the execution of the Separation Agreement.)

Information Sessions (updated 12/20/16)

Eligible Participant Totals by College/Division

Frequently Asked Questions

For more information

  • If you are uncertain if you meet the eligibility requirements or have general questions about the VSIP, contact the Office of Academic Affairs at 766-4286 or VSIP@uwyo.edu.
  • If you have questions regarding benefits and/or retirement, contact Eric Goldenstein, Associate Director, Benefits, at 766-2437 or epgold@uwyo.edu or refer to: www.uwyo.edu/hr/employee-benefits/index.html
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Voluntary Separation Incentive Program



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Office of Academic Affairs

1000 E. University Ave

Dept. 3302

Laramie, WY 82071

Phone: 307 766-4286

Fax: 307 766-2606

1000 E. University Ave. Laramie, WY 82071
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