Policy Manual -
Chancellor and Presidents Benefit Package
HUMAN RESOURCES AND LABOR RELATIONS
Section 404.4 Chancellor and Presidents Benefit Package
Effective: 12/18/79
Last Revised: 11/6/95
Responsible Office: Human Resources
Policy Statement:
The Chancellor and Presidents are appointed by and serve at the pleasure of the Board of Trustees. The initial appointments for the Chancellor or a President shall specify (1) an agreement regarding the process and timetable for evaluation; and (2) a two-year renewable term appointment which may be extended annually on the first anniversary date of appointment and thereafter, subject to the Notice for Cause policy.
In addition to benefits accorded all System employees, the Chancellor and Presidents shall be eligible for the following benefits established by the Board of Trustees and as agreed upon at the time of appointment or reappointment.
1. Life insurance at twice the base salary with the University System paying the total premium.
2. A motor vehicle.
3. As a condition of employment, University-maintained housing will be provided on a campus when available or a housing allowance will be provided for the appointed Chancellor and President (excludes Interim or Acting incumbents). Housing allowances provided in lieu of University housing will be reviewed annually and adjusted by the housing C.P.I.
4. A sabbatical leave, after three years service, which accrues at the rate of one month per year, not to exceed six months accumulated leave eligibility. Such a sabbatical is not a right, but rather a privilege to be considered on an individual basis and shall be requested in writing and shall include an appropriate plan for the leave. Upon return from an approved sabbatical, a substantive report regarding the leave shall be submitted to the Chancellor or in the case of the Chancellor, to the Human Resources and Labor Relations Committee of the Board. This leave cannot be utilized to extend a renewable term appointment.
Procedures:
The Board of Trustees shall approve the salaries of the individual officers upon appointment and thereafter on a periodic basis.
Related Documents:
Policy 404.5 Appointment of System Professor, Researcher, or Administrator.
Handbook for Non-Represented Faculty, Professional and Administrative Staff (PDF)