MOORHEAD, Minn. (KFGO-AM) - Early retirement offers have been issued to more than 100 faculty members at Minnesota State University-Moorhead.
Faculty union president Ted Gracyk tells KFGO News that the university hopes at least 35 offers are accepted in order to avoid lay-offs.
MSUM spokesman Dave Wahlberg says the financially-strapped university is trying to head-off a projected $8 million deficit. Early retirement candidates have until Nov. 8 to accept or decline their offers.
If layoffs are necessary, MSUM is expected to announce its decision by Dec. 5.