University of Alaska expansion plans

FAIRBANKS, Alaska - On Nov. 8, the University of Alaska had a system wide townhall meeting during which Pat Pitney, President of the UA system, spoke about developments under way and those that will be addressed by the board of regents for the University of Alaska.

Pitney said part of the funds will be put towards a 2.75% increase in faculty wages and a retroactive wage increase from last year. Pitney said contracts with the firefighters and adjunct faculty were also renegotiated. Increase to the healthcare plan are a part of the changes for faculty, however, employees will have had to pay more to support those increases to healthcare. The UA system pays for 82% of those while the employees pay the other 18%.

Pitney expressed concern over obtaining the funds for these expansions, “We’re asking for increases at the same time when oil prices are beginning to moderate and come down,” said Pitney. She called the increase “pretty significant.” With the price of oil coming down, it is unclear if the state budget will be able to accommodate the increases.

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