Academic Senate Rejects New Pension Tier

Representatives of UC faculty on all campuses delivered a strongly worded rejection of the proposed 2016 pension tier. Reports from the campuses were extensive and overwhelmingly negative (link to PDF). Berkeley faculty called the proposal "imprudent and potentially fiscally irresponsible." Davis faculty said, "It is a myth that UCRP is too generous," and went on … Continue reading Academic Senate Rejects New Pension Tier

Faculty Voice Opposition to Pension Proposal

On Friday, the UCLA Academic Senate hosted an informational meeting that explained in clear terms that this is a bad, bad plan for faculty. What to do about it was less clear cut. Shane White gave a deeply detailed account of financial aspects of the plan (Slides here: Pension Presentation by Shane White). Among the … Continue reading Faculty Voice Opposition to Pension Proposal

Pension Changes Proposed: lower benefits, little savings, weaker UCRS

The University of California will soon have a third pension tier if the Regents approve a plan put forth by the Retirement Options Task Force on Friday. UC President Janet Napolitano charged the Task Force, which included management and Academic Senate representatives, with finding a way to implement her agreement with Gov. Brown to set … Continue reading Pension Changes Proposed: lower benefits, little savings, weaker UCRS

PBS’ Hot Potato May Not Be on California Stations

As far as yours truly can tell, the major PBS affiliates in California have so far taken a pass on the hot potato program described below.  That decision could have been because the threatened pension initiative that would have swept in UC was originally aimed at the November 2014 ballot.  With it apparently off the … Continue reading PBS’ Hot Potato May Not Be on California Stations

Tradition!

The Legislative Analyst's Office (LAO) has issued a report on UC and CSU funding.  LAO is usually viewed as a neutral agency.  But it is a component of the legislature.  So it tends to favor approaches that add to legislative control as opposed to, say, gubernatorial control.  This report is no exception.LAO seems to want … Continue reading Tradition!

Anti-Pension Group Opens the Door to ID Fraud

That's a harsh headline.  But it applies to any group that publishes info on the web - because it is technically legal  to obtain and publish it  - that identifies incomes of individuals.  And the same harsh headline applies to govt. salary data, not just pensions.  It applies whether there is a political objective, as … Continue reading Anti-Pension Group Opens the Door to ID Fraud

Pension Initiative Seems to Be Out of Gas (for Now)

Earlier posts noted a pension initiative drive - fronted by San Jose Mayor Chris Reed - that would have swept in UC.  For now, the effort seems to have stalled.  The proponents have decided to litigate the title and summary by the attorney general of the initiative.  Effectively, that will take enough time so that … Continue reading Pension Initiative Seems to Be Out of Gas (for Now)

Issue Heating Up

We noted in yesterday's posting (in the update portion) on the Regents public comment session that there were spokespeople complaining about anti-Israel activities on UC campuses including course credit on one campus, pushes for divestment, etc.  Earlier postings noted statements by the UC prez and several chancellors (including Block) opposing an academic boycott of Israel … Continue reading Issue Heating Up

Is there a Changing State Attitude Regarding the UC Pension? Reading Between the Lines

As blog readers will know, UC has had difficulties in getting the state to recognize that its pension liabilities were ultimately those of the state, just as CalPERS and CalSTRS liabilities are liabilities of the state.  Thanks to the two-decade hiatus of contributions, the state seemed to forget about UC's pension.  However, there is beginning … Continue reading Is there a Changing State Attitude Regarding the UC Pension? Reading Between the Lines

Neutral

Proponents of the  proposed pension/retiree health care initiative (that would cover UC) were afraid the attorney general would come up with a nasty title and summary.  It doesn't seem to have happened, however.  Other than the references to teachers, nurses, and peace officers (the public's favorite public employees), it is pretty neutral.  To the extent … Continue reading Neutral