The Faculty Economic Welfare and Retirement Committee formulates statements of policy and advises on programs which affect the economic benefits of both active and retired faculty. Matters related to salaries, healthcare insurance, Tax Deferred Investment programs, retirement programs, retirement benefits, family and child care resources, and optional welfare insurance are all within the purview of this committee. When appropriate, recommendations and findings are made to the Faculty Senate Executive Committee and to the Interinstitutional Faculty Senate. The Committee shall also formulate recommendations to the Faculty Senate Executive Committee for possible submission to the OSU Board of Trustees/Higher Education Coordinating Committee (HECC) for amendments to the retirement system and alternative group health and welfare insurance.
The Committee consists of nine Faculty, including at least one professional faculty; two or three shall be retired faculty. In addition, the OSU Employee Benefits Manager shall be an ex-officio, non-voting member.
(Rev 06/00; 04/12)