Monday, June 21, 2010
UA Employees Take Another Hit
Following on the news that University of Arkansas employees will get no merit raises or service awards this year, the UA Administration has also announced that workers will have to pay more for health care and dental care benefits. Health insurance costs to workers and their families will go up by 5% and dental insurance costs will be increased by 3%.
The increases in the amount that employees must pay for health and dental insurance means that workers will have to choose between giving up benefits or taking home smaller paychecks for their families. Classified employees have had their wages frozen for next year, and faculty will not get merit raises for the second straight year.
Chancellor David Gearhart will get an additional $225,000 annually in deferred compensation from "private" funds through the UA Foundation. There was no consideration of deferred compensation for workers who have had their salary frozen and health insurance rates increased.