Thursday, November 19, 2015
It appears that high officials in UCOP have given silent consent to an undermining of the president's pension committee and are seeking tacit approval of a pension option via an obscure sentence in a resolution ostensibly dealing only with pension funding. Of course, we won't know for sure until the pension matter is finally decided, presumably some time in winter. But if there is a DC-only option for new hires, you'll know what happened.
If you haven't followed our prior posts on this matter, here are the links: