SubscribeRaising the retirement age may seem sensible, given rising life expectancy. But many working-class families and African Americans may not live to retirement age, “making these proposals profoundly unfair,” Ken Jacobs and Nari Rhee, of the UC Berkeley Labor Center, write in the Sacramento Bee.
Tag: retirement
Does raising the retirement age increase inequality?
December 2, 2011:
Village movement takes root among UC Berkeley’s dynamic elders
October 20, 2011:
Need a ride to the doctor’s office? A helping hand or a sympathetic ear? If you’re 50 or older, Ashby Village may have just the right person for you. The 170-member social network – driven in part by expertise from UC Berkeley – is part of the nationwide neighbors-helping-neighbors Village movement.
Grim retirement picture projected for California
October 3, 2011:
Nearly half of California workers will retire in or near poverty, according to a new study by UC Berkeley’s Center for Labor Research and Education. The authors found that retirees across the state rely overwhelmingly on Social Security income, a trend that could worsen as future workers retire without employer-sponsored benefits.
Comments sought on proposed voluntary phased retirement program for staff
September 2, 2011:
The University of California is proposing a Phased Retirement Program that would help career employees 55 or older transition into retirement by reducing work hours (and pay) for up to three years before retiring, in exchange for a lump-sum payment at retirement.
A special retirement tribute to Joe Duggan
July 26, 2011:
The Graduate Division doffs its hat to Joe Duggan, who retired as associate dean earlier this summer, with a slideshow and appreciation.
Higher UCRP contributions to affect paychecks beginning July 20
July 20, 2011:
Faculty and staff will see a change in their next paychecks, as higher employee contributions to the retirement fund kick in. For most employees, contributions are increasing from 2 to 3.5 percent of pay; UC’s contribution increases from 4 percent to 7 percent.
Retirement plan updates from regents, UCOP
July 14, 2011:
The UC Board of Regents on Thursday adopted changes to some of the assumptions used to estimate UC Retirement Plan liabilities and costs. UCOP also reminded university employees that they will see an increased contribution to UCRP in their next paycheck.
Staffers from Berkeley, UCLA elected to UCRS advisory board
June 24, 2011:
Paul D. Brooks of UC Berkeley and Catherine A. Brennan of UCLA have been elected staff representatives to the University of California Retirement System Advisory Board.
Our University: Regents’ budget options, new Merced chancellor, pension news
June 1, 2011:
The latest edition of the monthly UC newsletter also looks at the new student health insurance program and a systemwide research website.
UC Retirement Plan contributions increasing July 1
May 24, 2011:
Faculty, staff and the university will contribute more to the UC Retirement Plan beginning July 1. Rates for most faculty and staff will rise to 3.5 percent of pay, up from roughly 2 percent for most employees. UC will pay 7 percent of pay, up from 4 percent.
Seven staffers vie for seats on UC pension advisory board
May 18, 2011:
Seven UC employees are in the running for two open staff seats on the UC Retirement System Advisory Board. An online election to fill the seats will be conducted from May 23 through June 17.
Changes to retiree health, pension programs OK’d
December 14, 2010:
The UC Regents voted Dec. 13 on changes to the university’s retiree health and pension programs. Earned pension benefits of current employees and retirees are protected by law and cannot be revoked or reduced. Current employees, as well as UC, will contribute more to the pension program, and roughly half of current faculty and staff will come under new eligibility rules for retiree health care.
Town halls give staff, faculty a closer look at ‘future of UC retirement benefits’
October 28, 2010:
Proposed changes to UC pension plan get a hearing at two campus forums hosted by Chancellor Birgeneau.
