According to the union, UC failed to make contributions to employees’ retirement accounts over multiple years. When correcting for the failure, the university did not account for years of market gains, potentially depriving employees of hundreds of thousands of dollars. “UC-AFT asserts that, after discovering the error, the UC unlawfully failed to bargain with the union over how to correct it,” Quirk said.
“Correcting this error is a process that requires close attention to each individual’s DCP account and investments,” said UC-AFT Vice-President for Organizing Daniel Schoorl, in public comment to the UC Retirement System Advisory Board in June. “The lack of transparency around how this error is being corrected is a major concern for our union and our members.”
More than 2,000 employees did not receive their retirement account contributions, according to the press release. The combined amount the university failed to pay in retirement benefits totals roughly $650,000...
“The University administration claims it failed to make the contributions because of a coding mistake in its centralized payroll system, UCPath,” Quirk said in the press release. UCOP did not immediately respond to a request for comment...
Full story at https://www.davisenterprise.com/local-news/lecturers-union-files-unfair-labor-practice-charge-against-uc/
We might note that the Regents discussed "accountability" in last weeks meetings. It's not clear that we have ever had accountability in the case of UCPath's cost inflation and implementation problems.
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