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Golden Handshake illustration.(Brian O'Malley/The Telescope)

Retirement bonus postponed again

Susan Whaley May 11, 2015

A decision on whether to grant an early retirement bonus program for employees has been postponed a second time, with the faculty union alleging a conflict of interest. The Governing Board’s decision...

T. Opinion

Early retirement is a mess

Telescope Staff May 11, 2015

We at The Telescope are fed up with the lack of timeliness and seriousness concerning the early retirement incentive, also known as the golden handshake, for employees at Palomar College. Officials...

T. Opinion

Early retirement not planned properly

Telescope Staff April 27, 2015

Although Palomar had good intentions when they offered the supplementary early retirement plan (SERP), they screwed up in three big ways. The SERP, also known as a golden handshake, is a money-saving...

Golden Handshake illustration.(Brian O'Malley/The Telescope)

Retirement incentive delayed for employees, needs further analysis

Susan Whaley April 20, 2015

Many faculty, staff and administrators at Palomar College were looking forward to getting a hefty bonus for retiring early at the end of the semester. This may not be the case any longer. During the...

Palomar has plans to stop deficit spending

Mike Peterson April 13, 2015

Palomar officials are implementing measures to stop the college’s streak of deficit spending. Since 2011, Palomar has dipped into its Ending Fund Balance, which is the amount of money the college...

T. Opinion

Golden handshake raises questions

Telescope Staff November 10, 2014

Palomar College President Robert Deegan announced his retirement on Oct. 15 during a public forum on campus. The timing however is problematic. Coincidentally, the Governing Board approved for the college...

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