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Faculty and Librarian Retirees' Association
University of Windsor
Editor: Bill Phillips
Number 7, Apr/May 1994
ASSOCIATION MAY ESTABLISH FUND FOR STUDENT BURSARIES AT UNIVERSITY
Steps have been taken by the Association which may lead to the establishment of a fund, set up in the Association's name, to finance student bursaries at the University of Windsor.
The entire plan is subject to final approval by the Fall General Meeting of the Association in October.
The move follows approval of a motion by Bill Phillips, Association Sec-Treas and Editor of The Newsletter, to the meeting of March 24, asking that he be authorized to have discussions with the Director of Student Awards at the University along lines that were laid out in the motion.
The Fund, said Phillips, would be built up over a period of time, perhaps a few years, before reaching a level necessary to finance bursaries. The decision as to when that point is reached would be jointly made, as would the eventual decisions on allocation of awards.
The Fund would be the property of the University and would be administered and invested by the University under its established policies. It would be known as the Faculty and Librarian Retirees' Bursary Fund.
Under the terms of the motion, the Association would work to build up the Fund in several ways. Principally, "when a member of the Association dies, the Association will make a donation to the Student Awards Office, for the Fund, of a sum of money in the name of the deceased member and his or her family".
Further, said Phillips, "the Association would encourage the idea among its membership and their families that, upon the death of any one of its members, or as a way of honouring any former faculty member or librarian of the University, or in connection with any special observance, a donation to the Retirees' Bursary Fund at the University of Windsor would be a highly acceptable and thoughtful alternative".
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Having received authorization to do so, Phillips had discussions with Orville Houser, Director of Student Awards, early in April, on the basis of which he plans to place a final recommendation before the Association in October. This, he expects, will be along substantially the same lines as envisaged at the March meeting.
WHAT'S INSIDE... P.2: Health care costs and semi-private coverage/ picture-framing gesture/ letter of protest; P3: THE LETTER BOX; P.4: An afternoon at the Opera/ faculty members retiring this year; P.5: EDITORIAL - First five years/ Notes from the Editor; P.6: Analysis of Pension level increases under Minimum Guarantee and under Money Purchase; P.7: a summary of recently negotiated changes in pensions.