UCD chancellor opposes larger pensions for execs

While I have great respect for the four UC Davis leaders who signed this letter and understand their perspective, this demand comes at a time when our university is being asked to make many sacrifices and, as such, I do not support a change in the university’s policy that would increase their retirement benefits," Katehi’s statement says. "In just the past few days, many members of the campus community and friends of the university have written to me to express their concerns about the negative impact that the letter and the potential for a lawsuit will have on our fundraising efforts as well as our ability to continue to receive adequate support from the state. I do share these concerns. The coming year will be a particularly challenging one for the university, and this issue is likely to add to our challenges."

Read full article [here].
by Laurel Rosenhall, The Sacramento Bee.

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