Common use of COST SAVINGS INITIATIVES Clause in Contracts

COST SAVINGS INITIATIVES. The Union and the University agree that this side letter shall take effect in any fiscal year after FY 2001 in which a layoff of at least 6 employees at the Boston campus or 14 at Amherst (or 5 in any one Executive Area at Amherst) of non-grant or contract funded bargaining unit members is anticipated due to decreases in state appropriations or the decreased growth of state appropriations or lack of growth in trust fund revenues. If such layoffs seem probable, the administration shall notify the Union and a committee made up of three (3) persons nominated by the Chancellor of the campus or his/her designee and three (3) persons nominated by the campus Chapter Chairperson of PSU/MTA/NEA shall meet and identify which, if any, of the following cost savings options they recommend, by majority vote, to the Chancellor for consideration on that campus. Such recommendations shall be in writing and shall be given to the Chancellor or his/her designee within thirty

COST SAVINGS INITIATIVES. The Union and the University agree that this side letter shall take effect in any fiscal year after FY 2001 in which a layoff of at least 6 employees at the Boston campus or 14 at Amherst (or 5 in any one Executive Area at Amherst) of non-grant non-­‐grant or contract funded bargaining unit members is anticipated due to decreases in state appropriations or the decreased growth of state appropriations or lack of growth in trust fund revenues. If such layoffs seem probable, the administration shall notify the Union and a committee made up of three (3) persons nominated by the Chancellor of the campus or his/her designee and three (3) persons nominated by the campus Chapter Chairperson of PSU/MTA/NEA shall meet and identify which, if any, of the following cost savings options they recommend, by majority vote, to the Chancellor for consideration on that campus. Such recommendations shall be in writing and shall be given to the Chancellor or his/her designee within thirty

COST SAVINGS INITIATIVES. The Union and the University agree that this side letter shall take effect in any fiscal year after FY 2001 in which a layoff of at least 6 employees at the Boston campus or 14 at Amherst (or 5 in any one Executive Area at Amherst) of non-grant nonMgrant or contract funded bargaining unit members is anticipated due to decreases in state appropriations or the decreased growth of state appropriations or lack of growth in trust fund revenues. If such layoffs seem probable, the administration shall notify the Union and a committee made up of three (3) persons nominated by the Chancellor of the campus or his/her designee and three (3) persons nominated by the campus Chapter Chairperson of PSU/MTA/NEA shall meet and identify which, if any, of the following cost savings options they recommend, by majority vote, to the Chancellor for consideration on that campus. Such recommendations shall be in writing and shall be given to the Chancellor or his/her designee within thirty

COST SAVINGS INITIATIVES. ‌ The Union and the University agree that this side letter shall take effect in any fiscal year after FY 2001 in which a layoff of at least 6 employees at the Boston campus or 14 at Amherst (or 5 in any one Executive Area at Amherst) of non-grant non-­‐grant or contract funded bargaining unit members is anticipated due to decreases in state appropriations or the decreased growth of state appropriations or lack of growth in trust fund revenues. If such layoffs seem probable, the administration shall notify the Union and a committee made up of three (3) persons nominated by the Chancellor of the campus or his/her designee and three (3) persons nominated by the campus Chapter Chairperson of PSU/MTA/NEA shall meet and identify which, if any, of the following cost savings options they recommend, by majority vote, to the Chancellor for consideration on that campus. Such recommendations shall be in writing and shall be given to the Chancellor or his/her designee within thirty