http://newscenter.berkeley.edu News from the University of California, Berkeley Tue, 18 Jun 2013 18:00:58 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 http://www.universityofcalifornia.edu/news/article/28619 http://www.universityofcalifornia.edu/news/article/28619#comments Tue, 06 Nov 2012 00:35:30 +0000 Public Affairs http://newscenter.berkeley.edu/?p=33405 UC President Mark Yudof held a web chat with university faculty and staff on Nov. 2 to discuss UC's financial future, the impact of Proposition 30 and other issues. ]]> http://www.universityofcalifornia.edu/news/article/28619/feed/ 0 http://ouruniversity.universityofcalifornia.edu/jul12/ http://ouruniversity.universityofcalifornia.edu/jul12/#comments Wed, 25 Jul 2012 21:46:56 +0000 Public Affairs http://newscenter.berkeley.edu/?p=32503 The July issue of "Our University," UC's newsletter for faculty and staff, features what's at stake for the university in the November 2012 election, upcoming increases in UCRP contributions, campus climate for students of Jewish, Muslim and Arab students — and more. - Find out how you can get personal financial planning help ]]> http://ouruniversity.universityofcalifornia.edu/jul12/feed/ 0 http://ucrpfuture.universityofcalifornia.edu/news-updates/regents-clarify-provisions-for-operation-of-uc-retirement-plan-new-tier http://ucrpfuture.universityofcalifornia.edu/news-updates/regents-clarify-provisions-for-operation-of-uc-retirement-plan-new-tier#comments Wed, 16 May 2012 17:45:13 +0000 Carol Ness http://newscenter.berkeley.edu/?p=30725 The UC Board of Regents on May 16 approved several provisions related to the new UCRP tier that was originally approved in December 2010. ]]> http://ucrpfuture.universityofcalifornia.edu/news-updates/regents-clarify-provisions-for-operation-of-uc-retirement-plan-new-tier/feed/ 0 http://www.ucfocusonyourfuture.com/ http://www.ucfocusonyourfuture.com/#comments Wed, 18 Jan 2012 17:23:44 +0000 Public Affairs http://newscenter.berkeley.edu/?p=23600 Coming changes to the UCRP website — designed to help UCRP members more easily assess their retirement readiness — are described in the winter 2012 issue of "Focus on You Future." Investing issues particular to women are featured as well.]]> http://www.ucfocusonyourfuture.com/feed/ 0 http://atyourservice.ucop.edu/employees/policies_employee_labor_relations/phased-retirement/ http://atyourservice.ucop.edu/employees/policies_employee_labor_relations/phased-retirement/#comments Wed, 04 Jan 2012 18:05:11 +0000 Public Affairs http://newscenter.berkeley.edu/?p=23010 UC has launched a Phased Retirement Program, which allows employees near the end of their careers to gradually transition into retirement and receive a cash incentive upon retirement. Under the new cost-cutting program, UCRP-vested staff members 55 or older can opt to reduce their work hours by 10 percent or more a year for up to three years. For staff represented by unions, eligibility is subject to collective bargaining.]]> http://atyourservice.ucop.edu/employees/policies_employee_labor_relations/phased-retirement/feed/ 0 http://www.universityofcalifornia.edu/news/article/26731 http://www.universityofcalifornia.edu/news/article/26731#comments Tue, 29 Nov 2011 18:15:21 +0000 Public Affairs http://newscenter.berkeley.edu/?p=21295 The UC Board of Regents on 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 to UCRP, while UC will contribute 12 percent — up from the current rates of 3.5 and 7 percent respectively. Rates for represented employees are subject to collective bargaining.]]> http://www.universityofcalifornia.edu/news/article/26731/feed/ 0 http://www.ucfocusonyourfuture.com/pdf/UC_Focus_Q3_2011.pdf http://www.ucfocusonyourfuture.com/pdf/UC_Focus_Q3_2011.pdf#comments Tue, 18 Oct 2011 17:31:26 +0000 Public Affairs http://newscenter.berkeley.edu/?p=18309 You’ve cut your spending, shifted priorities and are saving more. Where do you put your first savings dollar? The fall issue of UCRP's newsletter "Focus on Your Future" suggests a strategy for saving, ideas on how to navigate market volatility, a list of short online financial-education classes and more. (PDF)]]> http://www.ucfocusonyourfuture.com/pdf/UC_Focus_Q3_2011.pdf/feed/ 0 http://www.ucfocusonyourfuture.com/ http://www.ucfocusonyourfuture.com/#comments Wed, 20 Jul 2011 23:51:22 +0000 Public Affairs http://newscenter.berkeley.edu/?p=14150 The summer 2011 issue of Focus on Your Future, a newsletter on the UC Retirement Savings Program, is available online. The new editions features an expanded roster of financial-education classes, basics on retirement savings, resources for new UC employees, and more.]]> http://www.ucfocusonyourfuture.com/feed/ 0 http://ucrpfuture.universityofcalifornia.edu/news-updates/higher-ucrp-contributions-affecting-paychecks-issued-beginning-july-20/ http://ucrpfuture.universityofcalifornia.edu/news-updates/higher-ucrp-contributions-affecting-paychecks-issued-beginning-july-20/#comments Wed, 20 Jul 2011 15:43:00 +0000 Public Affairs http://newscenter.berkeley.edu/?p=14159 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. ]]> http://ucrpfuture.universityofcalifornia.edu/news-updates/higher-ucrp-contributions-affecting-paychecks-issued-beginning-july-20/feed/ 0 http://newscenter.berkeley.edu/2011/07/14/retirement-plan-updates-from-regents-ucop/ http://newscenter.berkeley.edu/2011/07/14/retirement-plan-updates-from-regents-ucop/#comments Thu, 14 Jul 2011 22:55:06 +0000 Office of the President http://newscenter.berkeley.edu/?p=14015 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.]]> http://newscenter.berkeley.edu/2011/07/14/retirement-plan-updates-from-regents-ucop/feed/ 0 http://universityofcalifornia.edu/sites/ucrpfuture/news-updates/uc-retirement-plan-contributions-increasing-july-1/ http://universityofcalifornia.edu/sites/ucrpfuture/news-updates/uc-retirement-plan-contributions-increasing-july-1/#comments Tue, 24 May 2011 18:08:35 +0000 Office of the President http://newscenter.berkeley.edu/?p=12103 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.]]> http://universityofcalifornia.edu/sites/ucrpfuture/news-updates/uc-retirement-plan-contributions-increasing-july-1/feed/ 0 http://atyourservice.ucop.edu/news/general/1105-ucrs-election-candidates.html http://atyourservice.ucop.edu/news/general/1105-ucrs-election-candidates.html#comments Wed, 18 May 2011 18:56:36 +0000 Office of the President http://newscenter.berkeley.edu/?p=11944 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.]]> http://atyourservice.ucop.edu/news/general/1105-ucrs-election-candidates.html/feed/ 0 http://www.universityofcalifornia.edu/ouruniversity/mar11/ http://www.universityofcalifornia.edu/ouruniversity/mar11/#comments Thu, 24 Mar 2011 16:34:47 +0000 Office of the President http://newscenter.berkeley.edu/?p=8090 The March edition of "Our University", the UC newsletter for faculty and staff, is now available, with articles on the university budget, funding the UC pension plan, electronic medical records and more.]]> http://www.universityofcalifornia.edu/ouruniversity/mar11/feed/ 0 http://www.universityofcalifornia.edu/news/article/25164 http://www.universityofcalifornia.edu/news/article/25164#comments Wed, 23 Mar 2011 17:42:55 +0000 Office of the President http://newscenter.berkeley.edu/?p=8031 Chief Financial Officer Peter Taylor explains in a video how the UC Board of Regents' approval of low-cost borrowing options will reduce the university's overall pension costs in the coming years.]]> http://www.universityofcalifornia.edu/news/article/25164/feed/ 0 http://www.universityofcalifornia.edu/news/article/24746 http://www.universityofcalifornia.edu/news/article/24746#comments Tue, 04 Jan 2011 22:26:17 +0000 Office of the President http://dev-newscenter.berkeley.edu/?p=3863 Responding to a recent controversy, Regents Chairman Russell Gould and University President Mark Yudof issued a statement Tuesday saying that a proposal to increase pensions for certain highly paid UC executives was, in fact, never implemented.]]> http://www.universityofcalifornia.edu/news/article/24746/feed/ 0 http://www.universityofcalifornia.edu/news/article/24674 http://www.universityofcalifornia.edu/news/article/24674#comments Tue, 14 Dec 2010 21:51:35 +0000 Office of the President http://dev-newscenter.berkeley.edu/?p=2804 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.]]> http://www.universityofcalifornia.edu/news/article/24674/feed/ 0 http://newscenter.berkeley.edu/2010/10/28/pensions/ http://newscenter.berkeley.edu/2010/10/28/pensions/#comments Thu, 28 Oct 2010 22:30:31 +0000 Public Affairs http://dev-newscenter.berkeley.edu/?p=1211 Proposed changes to UC pension plan get a hearing at two campus forums hosted by Chancellor Birgeneau. ]]> http://newscenter.berkeley.edu/2010/10/28/pensions/feed/ 0 http://newscenter.berkeley.edu/2010/04/01/ucrp/ http://newscenter.berkeley.edu/2010/04/01/ucrp/#comments Thu, 01 Apr 2010 22:26:05 +0000 Cathy Cockrell http://dev-newscenter.berkeley.edu/?p=3255 At the University of California, April 15, 2010 marks a financial watershed: the restart of contributions to the UC Retirement Plan. On that day, the university will begin making regular contributions to the retirement fund. Then, on May 1, employees will follow suit. ]]> http://newscenter.berkeley.edu/2010/04/01/ucrp/feed/ 0