News

HMS Is Facing a Deficit. Under Trump, Some Fear It May Get Worse.

News

Cambridge Police Respond to Three Armed Robberies Over Holiday Weekend

News

What’s Next for Harvard’s Legacy of Slavery Initiative?

News

MassDOT Adds Unpopular Train Layover to Allston I-90 Project in Sudden Reversal

News

Denied Winter Campus Housing, International Students Scramble to Find Alternative Options

Benfits Reform

By Neil L. Rudenstine

President Neil L. Rudenstine has indicated that a coming reform to the benefits process could include:

. Cuts to employee benefits.

. A requirement that the University subsidize only the least expensive of seven health care plans it currently offers to faculty and staff.

. A reduction in the $10 million annual benefits deficits which officials say would, if left unchecked, eventually force Harvard to dip into its endowment to pay off debt.

. An upgrade to staff pension plans and corresponding reduction in faculty pensions. Some professor pensions dwarf staff pensions by such a margin that the University could be in violation of antidiscrimination laws.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags