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Commission on the Future of UC

Future of UC: Funding Options for a Permanent Crisis

The Commission on the Future of the University’s Funding Strategies working group of has put together a document listing their initial proposals, and near the start of their report, we find the following ominous claim: “The funding gap is exacerbated by a significant unfunded post-retirement benefit liability, which is currently $1.9 billion and expected to reach $18 billion by 2013. Similarly, the University’s unfunded post-retirement healthcare liability is projected to grow from $13 billion today to $18 billion by 2013 . . .

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