Error Causes Benefit Pool Depletion at UMD

By KBJR News 1

Error Causes Benefit Pool Depletion at UMD

February 20, 2013 Updated Feb 20, 2013 at 6:03 PM CDT

Duluth, MN (NNCNOW.com)-- A miscalculation has depleted a pool of money at the University of Minnesota-Duluth that pays for health care and other benefits.

The error caused more graduate teaching assistants to be hired, causing the centralized pool of money to be drained, prompting a $3 Million deficit.

UMD Chancellor Lendly Black says the mistake was made over ten years ago, but the issue is just now being addressed.

He says all health benefits will be covered.

It's not clear right now where the money will come from to cover the deficit.