01/22/2026 | Press release | Distributed by Public on 01/22/2026 10:17
Dear UIC community:
As we continue to uphold our commitment to strategic planning and long-term financial sustainability, we are evaluating a range of options to ensure we can continue to fulfill our mission. In the spirit of transparency, we want to share one of the programs currently under consideration.
UIC leadership is evaluating the potential implementation of a Voluntary Separation Incentive Program, or VSIP, which would offer eligible employees a financial incentive to voluntarily separate from UIC. It is important to emphasize that any such program, if offered, would be entirely voluntary, and no final decision has been made about whether we will move forward.
Many universities like UIC have used programs such as a Voluntary Separation Incentive Program to recognize long-standing service and to support employees who may be considering a voluntary transition or new pursuits. Our intent is to design a program with clear eligibility criteria that honors years of service, provides a meaningful benefit to our dedicated faculty and staff, and supports UIC's long-term objectives.
The currently proposed eligibility criteria include the following:
Full-time faculty and staff within the following units that meet the above criteria are eligible:
Eligibility criteria are measured as of Jan. 1, 2026.
The following factors render employees as ineligible to participate in the program:
To determine whether offering such a program is feasible, we first need to understand the level of employee interest. Later this week, eligible employees will receive an email from Segal, a third-party independent consulting firm engaged by UIC, containing a confidential, nonbinding expression-of-interest survey.
Eligible employees will be asked to complete and submit the survey directly to Segal to ensure confidentiality. Although the Voluntary Separation Incentive Program remains contingent on UIC leadership approval, the information gathered through these confidential expressions of interest will help us assess the potential scope and financial impact of the program. In the interim, if you have any questions, please contact [email protected].
Throughout this process, we remain deeply appreciative of the dedication and contributions of our employees, which are central to our success.
Best regards,
Matthew Fajack
Vice Chancellor for Finance
For more information, please contact:
Matthew Fajack
[email protected]