Eastern Kentucky University will give buyout packages to 127 employees who applied for them and were accepted, officials announced Tuesday.
Most of the people who chose the buyout are "rank and file" staff employees, said Gary Barksdale, executive director of human resources. The program was not available to faculty or vice presidents.
Buyout packages were calculated based on an employee's years of service. They include a $1,500 payment for health insurance costs.
Outgoing President Doug Whitlock announced the program in March as part of a $23 million, 10 percent cut to EKU's budget. Other decisions related to the budget cuts are pending.
The last day of work for those choosing the buyout will be June 28.
Initially, members of the Strategic Budget Reallocation Task Force, which is recommending budget cuts to Whitlock, were not eligible for the buyout program, but Whitlock later amended the rules to make them eligible for the program.