Spotlight: Task Force to present pension and benefit options
The Post-Employment Benefits Task Force will talk about its work and the range of options it is considering for pension and retiree health benefits at a series of forums this spring. The meeting for employees at the Office of the President will be Wednesday, March 31, 2010 from 1:00 to 3:00 in the Kaiser Auditorium.
The Task Force will also share the results of the recent employee preference survey.
The spring meetings follow up on Task Force forums held last fall at which time task force members laid out the issues confronting UC in sustaining the current pension and retiree health benefits.
UC President Mark Yudof appointed the Task Force in March 2009, and charged it with reviewing current retirement benefits and developing options for balancing the long-term costs of pension and retiree health benefits with the need to provide sustainable post-employment benefits to faculty and staff.
The Task Force has been studying the issues and weighing input from the UC community. It will make recommendations to President Yudof later this summer on ways to change the funding and policies for post-employment benefits.
Employees who are unable to attend the March 31 forum in person may sign up for a webinar. Participation in the webinar requires pre-registration and is open to the first 150 respondents. Please use the following link to pre-register: https://cc.readytalk.com/r/llsgwdby00ly. If you have questions about the meeting or webinar, please contact Elizabeth Varela, UCOP Human Resources, at (510) 987-0893 or Elizabeth.Varela@ucop.edu.
Executive Director Randy Scott and Director Gary Schlimgen from the UC Human Resources department will make the presentation. A panel comprised of representatives from the Task Force will answer questions and listen to your comments and input after the presentation.
For more information on the Post-Employment Benefits Task Force, including a recording of the fall forums presentation, visit the Future of UC Retirement Benefits website.