Article

Death Knell

Nov/Dec 2010
Article
Death Knell
Nov/Dec 2010

College employees who retire after this year will no longer receive a death benefit. Eliminat- ing the $5,000 payouts will save an estimated $150,000 to $200,000 annually, according to College officials, and help to preserve jobs. The change comes as part of President Jim Kim’s effort to cover a $100 million budget gap over two years.