Submitted by administrator on September 17, 2010 - 12:52pm
In a unanimous vote on Thursday, the UC Regents increased pension contributions for all pension eligible employees to 3.5% in July 2011 and 5% in 2012. UC employees are currently paying 2% into UCRP. Union represented staff will negotiate with UC over changes to pension contributions. UC-AFT member's pension contribution is tied to the senate faculty contribution, so our members will begin paying the new rate as soon as it is implemented for faculty.
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