Section 8-B1499. DEFINITIONS

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1499.1When used in this chapter, the following terms and phrases shall have the meanings ascribed:

Bona fide financial exigency - an imminent financial crisis which threatens the survival of the University and which cannot be alleviated by less drastic means than termination.

Non-reappointment - the non-renewal of a contract at its expiration.

Reduction-in-force (RIF) - reduction of faculty by separation as a result of a bona fide financial exigency or a discontinuance or curtailment of any department, program, or function of the University.

Resignation - voluntary separation from the University.

Retirement - discontinuance of employment because of age or length of service.

Termination - the involuntary separation or removal of an employee from the University for cause before the term of an appointment expires.

                    
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