The budget deal signed between University of California President Janet Napolitano and Gov. Jerry Brown in May signifies a change in the retirement plan offered to new employees that faculty members and experts believe will affect the future of the UC system… the legislature has treated the California State University system more generously when it comes to pension obligations than the UC. According to a report presented to the Committee on Compensation at the UC Regents meeting in July, the total remuneration offered to a UC employee is 10 percent less than what is offered to faculty at other universities. In addition, UC benefits do not compensate for lower-than-market salaries in the calculation of total faculty remuneration.

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by Shreya Maskara, The Daily Bruin.

Posted: September 24th, 2015, by: admin. Categories: . Awaiting Comments.