Legislative Analyst Acknowledges UC Pension Issue for State

In his press conference on Jan. 12 on the state budget, Legislative Analyst Mac Taylor explicitly raised the issue of state funding for the UC pension. Those who follow that issue know that at one point, the Leg Analyst took the position that the state had no responsibility for the UC pension. After a meeting with UCLA Faculty Association reps, that position changed. The legislature dropped language asserting that it had no liability for the UC pension. Of course, so far, no actual funding has appeared.

The relevant part of the press conference is on the video below: