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In 2009, UC President Mark Yudof established a task force to help the university develop a comprehensive, long-term approach to post-employment benefits.
The task force was charged with studying and recommending policy, benefits and funding alternatives that reflect the university’s commitment to provide competitive pay and benefits programs to attract and retain excellent faculty and staff while ensuring that post-employment benefits for current and future retirees are sustainable.
Yudof Writes on Future of UC
UC President Mark G. Yudof released this open letter to California to detail the proposed changes for the University of California, including information on retirement benefits for current and future employees.
White to Host UCR Town Hall
UCR Chancellor Timothy White hosted the first town hall meeting of the 2010–11 academic year on October 20th. An archive of the meeting can be viewed via this link.
Recent News from the Office of the President
Regents clarify provisions for operation of UC Retirement Plan new tier
(May 16, 2012) The UC Board of Regents today (May 16) approved several provisions related to the new tier of the UC Retirement Plan that was originally approved in December 2010. These provisions clarify: That membership in the new pension tier is determined by the date the employee becomes eligible for UCRP benefits; this clarifies that the new [...]
Regents approve increased pension contributions for 2013
(November 28, 2011) The University of California Board of Regents today (Nov. 28) approved an increase in retirement plan contribution rates for both UC and its employees effective July 2013. Faculty and staff will contribute 6.5 percent of their pay and UC will contribute 12 percent to the UC Retirement Plan (UCRP) beginning July 1, 2013. Employees currently [...]
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Post-Employment Benefits in the News |