MCC Daily Tribune
MCC Board of Trustees Approves Voluntary Retirement and Voluntary Separation Opportunities
Monroe Community College is successful because of its people—people like you who believe in and live the mission of transforming lives and communities by fostering the success of diverse students. We know you are the reason for our success, and we appreciate your dedication to MCC.
These past several months have been hard. As we are all aware, like many higher education institutions across the country, we face challenges that have forced us to explore new capacity-building strategies to ensure the long-term fiscal health of MCC. Throughout this process, our administrative representatives have worked collaboratively with the Faculty Resource Committee to find optimal solutions to address our structural deficit while maintaining the same high level of service to our students for which we are known.
On Monday, the MCC Board of Trustees approved a plan that includes two different voluntary retirement plans for eligible faculty, and a voluntary separation incentive for those not eligible for retirement. These steps, combined with our commitment to increasing student retention and FTE through several measures, including increased student engagement with the Tutoring and Academic Assistance Center (TAAC), and the reduction of non-contractual Faculty Contact Hour (FCH) release, would bring a projected annual savings of nearly $3.1 million. This plan, while challenging, is a positive step towards ensuring the long-term financial health of our institution. Details regarding these opportunities will be shared in the Tribune this week.
I want to express my sincere gratitude to everyone for their dedication to MCC’s long-term success, particularly our colleagues serving on the FRC for the crucial consultative role they have played in the development of these strategies, as well as those colleagues representing Administration. Your contributions have been instrumental in achieving a sustainable, positive, and productive outcome. Our work related to ensuring the long-term financial health of the institution is certainly not done, but I am confident these measures, combined with your continued dedication, will have a marked, positive impact on our institution and our students. Together as one, we will lead MCC into the next chapter of transforming lives through equity, opportunity, innovation, and excellence.
DeAnna Burt-Nanna
Office of the President
06/11/2024