Dartmouth Announces Large Compensation Hikes for Personnel

Dartmouth announced yesterday the largest single Faculty compensation advance in its history whereby it will contribute 16 percent of Faculty and administrative officers' salaries to the retirement fund.

Persons benefiting from the plan will not have to match Dartmouth's contribution.

Under the old plan, personnel contributed five to eight percent of their salaries with the college contributing an equal amount.

In addition, group life insurance will be doubled from $10,000 to $20,000 at to additional cost.

For non-academic employees, group life insurance will be increased and the benefits under the retirement plan advanced through the payment of the college of the entire cost.

President John Sloan Dickey called the revisions part of an overall program to establish a strong compensation program.