We have been posting about the discussions at the Regents this past week about deferring certain pension contributions. CIO Bachhar, at the Investments Committee on Tuesday, noted the incompatibility of the desire for full (100%) funding of the pension and deferring contributions in response to a question by Regent Makarechian. Senate Chair Cheung, at a full board meeting on Wednesday, supported the deferral. When the proposal - as Item F6 - came up for discussion and a vote at Finance and Capital Strategies later that day, Makarechian again raised the issue. You can see the discussion that followed at:
https://ia600101.us.archive.org/14/items/3-board/Regent%20Makarechian%20on%20deferring%20pension%20funding%205-14-2025.mp4.
In the end, the committee voted for the deferral plan with Makarechian and Regent Cohen - a former state budget director - abstaining.
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Our previous posts on this issue are at:
https://uclafacultyassociation.blogspot.com/2025/05/not-on-same-page.html and
https://uclafacultyassociation.blogspot.com/2025/05/a-cautionary-note-on-pension-finance.html.
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