Germanna Community College has received clarification on two items in yesterday's budget cut announcement by Gov. Kaine:
State savings will include more than $104 million in reduced payments to the Virginia Retirement System for the final quarter of FY 2010. Contribution rates for the Commonwealth and its employees will be changed in July at the beginning of the next biennium to adequately fund the long-term needs of the retirement system.
"We believe that employees will not see a difference in the current year but that as early as the last quarter of this fiscal year and most likely beginning in July employees will be asked to pay for a portion of our state retirement," said GCC President David A. Sam.
Also, a one-day furlough of all state employees on the Friday proceeding Memorial Day 2010 does apply to Germanna. Agencies with critical or emergency personnel are instructed to accommodate staffing needs and make adjustments to the furlough date accordingly.
"I will decide how we will implement after further discussions with vice presidents and other administrators and let you know," President Sam told faculty and staff.
To allow all employees an opportunity to attend, a second Open Forum has been added for Tuesday, Sept. 15. Both forums will involve interactive video in Room 225 at the Fredericksburg Campus and Room 100 at the Locust Grove Campus. The first forum will be held from 11 a.m. to noon and the second forum will be held from noon to 1 p.m.
"I regret the hardships these decisions will bring to all of you," President Sam told GCC faculty and staff. "Further clarification will be announced as soon as available."
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