Over the last couple months, $4 million in salary increases and bonuses for University of California executives have been granted by UC system President Mark Yudof, despite having a $1 billion budget gap on the horizon. UC also has a lawsuit pending, in which the system is demanding tens of millions more in retirement for high-paid executives — all while Yudof made sweeping changes to his workers’ retirement benefits last month, including tripling seniors’ healthcare costs and increasing the retirement age from 60 to 65…

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by Claire Harlin, sdnews.com.

Posted: January 26th, 2011, by: admin. Categories: . Awaiting Comments.