Blog readers will recall my posting from yesterday about the top-secret "Pension Administration Project" that keeps popping up on Regents' agendas - but always in closed session. The issue is concerning because there has been a steady flow of complaints about retirees who can't get their pensions started on a timely basis due to bureaucratic and computer issues and about the same problems arising for spouses after the deaths of retirees. Part of the problem seems due to implementation of a new computer system - something UC seems to have problems with. (Think UCPath.)
Because of past mishaps with installing computer systems, and under the eye of the state auditor and legislature, UC makes progress reports public for such projects. Below is the summary of the "Pension Administration Modernization Project" on the agenda of the upcoming meeting of the Finance and Capital Strategies Committee:
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| [Click to enlarge and clarify or go to original at link below.] |
Note the similarity between "Pension Administration Project" (secret) and the "Pension Administration Modernization Project." Are they the same? Related? There is some language about the potential "insolvency" of the contractor on the chart - which would seem to be concerning!
Source of image above: https://regents.universityofcalifornia.edu/regmeet/mar21/f11.pdf
PS: The grammar on the chart could use some work - but retirees and survivors waiting for pensions would just like to get their checks on time and would undoubtedly forgive deficient word usage if that would help:
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