Eleven of the 35 eligible John Carroll University faculty members have accepted voluntary early retirement packages.
The number is consistent with what administrators had originally predicted when the packages were first offered.
For most of the 11, this will be their final semester teaching at JCU. Some have expressed interest to defer their retirement until the 2008-2009 academic year.
“Our concern in making these decisions is that we protect all academic programs from severe strain,” said La Guardia.
March 15 will be the deadline when it will be decided which faculty will stay the extra year. Department chairs, academic deans and La Guardia will examine which departments that were most severely effected by the retirements.
The packages were offered to tenured, full-time faculty members who have worked at JCU for 10 consecutive years and are over 62 years old
The Department of Mathematics and Computer Science was hit particularly hard by the retirement packages, according to Chair Douglas Norris.
Three of its members have accepted the packages.
“We have been hit hard,” said Norris. “We are in danger of being left without any statisticians at a time when we have to offer more statistics courses than ever before.”
Last year, two visiting professors left JCU. One was a statistician and a faculty member with a joint appointment with both the Math and the Education Department. The only other statistician has accepted the buy out.
The department will be reduced from 18 full-time faculty members to 12 with one part-time professor, if those professors leave at the end of the semester.
Accounting professor Richard Fleischman said, while he has accepted the offer, he has no plans on slowing down.
“I do not intend to retire in any meaningful sense,” he said. Fleischman said the decision to accept the package was easier for him than most of his colleagues in the same situation.
At 66, he said his wife was anxious to move to Florida to live with her mother.
While on leave this semester, Fleischman is still working on research projects and editing his journal, the Accounting Historians Journal. Part of the retirement package gives professors the right to teach courses if needed.
Fleischman said he intends to teach a course over the summer and the seminar course he developed in the fall, if he is still living in Ohio.
“More than anything else, my retirement is just a change in venue,” he said.