Still Waiting

Several months ago, incidents were reported in which, through hacking, UC pension payments were stolen. Essentially, payments were redirected to bank accounts of the hackers.

Word has it that the victims of this theft have yet to be reimbursed by the powers-that-be. There seems to be confusion over whether the delay has to do with bureaucratic barriers or concerns that reimbursement would be a bad precedent.

Meanwhile, there are plans afoot to create a two-factor authentication system for pensions and benefits of the type now in use for some other university systems. We are still waiting for that change, too.

In the meantime, here is an article about the problem (from last May):
http://www.independentnews.com/news/diverted-pension-payments-lead-to-uc-retiree-warnings/article_e77e5384-645f-11e8-9896-2353372a821f.html