by Anonymous in Florida
We are all well aware that more and more universities are hiring adjuncts rather than “faculty.” It could be argued that universities — perhaps especially public universities, perhaps especially public universities in Florida where the governor and the legislature continue to slash university budgets — are balancing their budgets on the backs of adjuncts.
Ok, I understood this when I signed on to teach. However, just this week I realized that my university (Florida International University) had established a “retirement” program for its adjuncts. Apparently Florida legislation allowed it to opt out of the Social Security system. So, although the equivalent of social security taxes are taken out of my sad salary, they are put into a fund. That fund will be distributed when I retire until what is in the fund runs out. In other words, instead of getting a check for x amount until I die, the $5000 currently in my “retirement” fund will be distributed until it runs out. According to Social Security, these six years I have worked any number of hours at this university count nothing towards my social security payments.
From what I can see on the spreadsheet, no other institutions (or very few) have adopted measures this draconian. To my layperson’s eyes, this looks like a class action suit waiting to happen. Might anyone know an attorney who perhaps could tell me if there is indeed grounds for a court challenge?
Tags: Adjunct Professors