Repository: UIHistories Project: Board of Trustees Minutes - 1936 [PAGE 588]

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586

BOARD OF TRUSTEES

[March 10

which death shall occur, in the following amounts and under the following conditions, to-wit: Death during first year of service, nothing. Death during second year of service, 10% of cash portion of compensation. Death during third year of service, 15% of cash portion of compensation. Death during fourth year of service, 20% of cash portion of compensation. Death during fifth year of service, 2 5 % of cash portion of compensation. Death during sixth year of service, 30% of cash portion of compensation. Death during seventh year of service, 3 5 % of cash portion of compensation. Death during eighth year of service, 40% of cash portion of compensation. Death during ninth year of service, 4 5 % of cash portion of compensation. Death during tenth or any succeeding year of service, 50% of cash portion of compensation. Except and Provided, However, that no death benefit shall be in excess of

$3,000.

Death benefits shall not be paid in the following cases: ( a ) If member commits suicide. (b) If in the judgment of a majority of the members of the Board of Trustees, a member's death is caused or substantially contributed to by his use of intoxicating liquor, or by his violation of any law, the punishment for which is death or imprisonment. And the decision of said Board of Trustees shall be conclusive in this behalf. (c) If a member has ceased active service for the University, except in case he has retired on a retiring allowance from the University. ( d ) When death occurs in circumstances making the same compensable under the State Workmen's Compensation Act. (e) No member of the faculty or staff of employees shall be entitled to receive death benefits from the University, unless he has been in the continuous employ of the University for at least ten months. Members of the faculty employed in successive academic years shall be held to be in continuous employment even tho their cash compensation is paid in or for less than twelve months of any academic year. ( f ) Cash compensation paid for summer session teaching or for any other extra service not covered by the regular annual salary for the academic year will not be included in the computation of death benefits. I I I . As to all members of the faculty, and educational, administrative, and mechanical staff who have been in the service of the University of Illinois for fifteen or more years, at least the last seven years of which shall have been continuous, and who shall be in the employment of, and active service for the University at the time for retirement as hereinafter provided, a part of the compensation for their services shall be paid in the value of retiring allowances to be provided or secured for, or paid to, them by the Board of Trustees, in the following amounts and under the following conditions, to-wit: (a) A member of said faculty or staff shall retire at the age of 68 years, unless upon his request and upon the recommendation of the President of the University, the Board of Trustees shall permit him to continue in active service. Such extension of the period of active service shall be for one year only, but may be renewed at the end of any extension. Retirement at the age of 68 shall in general mean retirement upon the first day of September following the 68th birthday anniversary. In exceptional cases and for substantial cause, retirement hereunder may be permitted by the Board at any time after a member reaches 65 years of age. (b) Upon retirement there shall be paid to the member retiring, during his life, an amount equal to twenty-five per cent of the average cash portion of compensation which has been paid to him during the last five years prior to retirement together with one per cent of such average amount additional for each year of his service at the University of Illinois; the maximum payment however, not to exceed one-half of such average amount. Provided, however, that no retiring allowance shall be paid in excess of $6,000 per year to a President of the University, $4,000 to a dean, or other General Administrative Officers, and $3,000 to other members. In case a member of the staff retired under these