Severance Compensation
The principle of severance compensation is approved in the case of premature and compulsory retirement of a faculty member with acquired tenure whose removal from service seems to be in the interest of the University; and, in such cases, the President shall make a recommendation to the Board, after discussing the propriety of severance with the Chancellor concerned and with the appropriate Committee on Privilege and Tenure of the Academic Senate. In establishing the amount of severance compensation, each case shall be dealt with upon its merits.