Under a proposal UF released Friday, faculty would receive a raise but lose unused sick leave payouts, a measure to balance a new law requiring state employees to contribute to their retirement.
If the proposal passes, faculty would receive a 3 percent raise, offsetting the 3 percent of salary that now goes toward retirement, but lose payouts for unused sick leave.
UF staff members have already been given a 3-percent raise.
According to the proposal, which was posted to UF's regulations website, there will be no change to sick-leave accrual.
Employees will not be paid for any unused sick leave when leaving the university.
The one exception is for 10-year employees who were hired before April 2010 and will retire on or before June 30, 2016. They will be paid for 25 percent of unused sick leave up to a total of 480 hours.
The year-end maximum vacation accrual for faculty would be reduced to 352 hours from 480 hours, and the maximum vacation payout for faculty would be 200 hours instead of 352.
