148.1 Salary Continuation at Death

Created by: Pat Teague on 02/05/1999
Category: 1 - Academic Affairs; 40 - Benefits
 
Originator: Acad. Adm. & Faculty Status Committee
Current File: 148.1
Adoption Date: 03/04/2009
Reviewed for Currency: 10/20/2015
 
Replaces File: 148.1
Date of Origin: 11/12/1975
 
Classification: Faculty
 
In Archive? 0


148.1 Salary Continuation at Death

 

A. Background

The University understands the need to continue the salary of a deceased faculty member to fulfill its obligation and to ease the adjustment of dependents.

 

B. Policy

The salary of a faculty member who dies while employed at Furman will be continued for a specified period, with payments made to his or her dependents or estate.

 

C. Guidelines

1. If the faculty member has signed a contract or if it is otherwise understood that he or she would have been employed by Furman for the following year, the amount to be paid will be the total of:

2. If the faculty member has not signed a contract for the following year, or if there is reason to believe that he or she would not have been employed by Furman the following year, the amount to be paid will be the total of:

3. This policy does not apply to commissioned members of the ROTC staff.

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