I want to thank all of you who are working with diligence and resiliency to fulfill our mission here at UAH. As we address the economic disruption of the COVID-19 pandemic, I want to update you on steps we are taking to reduce costs, address expected funding shortfalls and work together toward a bright future for our university.
Your cooperation in implementing the belt-tightening measures put in place several weeks ago, including a hiring freeze and eliminating all non-essential or discretionary spending, has been absolutely essential.
Today we must take another step that is difficult but necessary. Effective May 1 and through September 30, the employer match on the 403(b) retirement program has been suspended. A memorandum from our Human Resources office will be forthcoming soon with additional details. Also, capital projects totaling more than $24 million have been postponed.
We must continue to look at other ways to reduce expenses including cutting some programs and reorganizing some units to create savings from improved efficiencies.
Thank you again for your commitment to UAH.
Darren Dawson
