uWinnipeg senior administrators accept pay cuts

March 25, 2009

The University of Winnipeg announced Tuesday that its senior administration has volunteered to take pay reductions starting April 1 as part of the university's action to support student scholarships and bursaries, as well as to meet pension obligations. The recession has affected the school's endowment fund, which provides the majority of funding to student financial awards. A recent court decision regarding uWinnipeg's pension plan is also affecting its operating budget. The voluntary pay cuts will save the university approximately $250,000. uWinnipeg News Release | CTV