Still more on the upcoming Regents meeting

According to the now-available more detailed Regents agenda, there will be a proposal to rescind a planned increase in employer contributions to the pension fund. This rescission is rationalized by the likely reduction in the expected state contribution to the university from a 4% increase to a 3% increase. There is also an allusion to recent strong gains in investments (a rationale that may have been written before recent wobbles in the stock market).

You can find the discussion starting on page 4 of:
http://regents.universityofcalifornia.edu/regmeet/mar18/f5.pdf