November will be the last Regents meeting for Jerry Brown, if he attends. |
To the extent that there is an agenda item that could be especially important, it is to be taken up in a closed session of the Compliance and Audit Committee.** There is litigation which appears to go back to 2010 as to whether Lawrence Livermore employees have some entitlement to UC retiree health benefits. A byproduct of that litigation could be a court decision that retiree health care is an entitlement for all UC employees. The position of UC has been that retiree health care is a nice thing the Regents do, but not something they have to do. That is, unlike the pension plan, retiree health care is not a vested benefit. There will also be discussion - in open session of the Finance and Capital Strategies Committee - of the annual valuation of UC retiree health benefits (F14).*** That committee will also get a report on the status of UCPath (F12).
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*https://regents.universityofcalifornia.edu/meetings/agendas/nov18.html.
**https://regents.universityofcalifornia.edu/regmeet/nov18/auditx.pdf. Requa is the Lawrence Livermore case.
***https://regents.universityofcalifornia.edu/regmeet/nov18/fin.pdf.
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