The implementation of the 2017 Special Voluntary Retirement Incentive (SVRI) is one of many actions the university is taking in response to a reduction in state funding. This program is available to eligible employees on the Norman campus payroll (see Eligibility below). The SVRI program will help the university realize much-needed savings, optimize the operational efficiency of administrative and academic units, and provide an opportunity for eligible university employees to receive a financial incentive to voluntarily retire from service at an earlier date than might otherwise have been planned.
The program is designed to provide departments and academic units with an effective vehicle to address fiscal constraints, achieve a long-term reduction in payroll and benefits costs, and minimize involuntary terminations.
Download the SVRI Program Flyer here.