Author: uclafaculty

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A Message from Faculty Association Chair Dwight Read on Faculty Pay

Byuclafaculty

Annual Faculty Equity Adjustment The Faculty Association proposes a new annual Faculty Equity Adjustment to Salary that could incorporate a number of widely-used indicators, such as the mid-point salary point between UC’s Comparison-8 Universities, the level of the regional California Consumer Price Index (CPI), or the increased employee cost of the combined annual benefit increases (such as retirement and health). The point is that there should be an Annual Faculty Equity Adjustment. We realize that until the California economy recovers and the unending budget crisis is resolved, state funds will not be the source for funding the proposed Annual Faculty…

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Sacramento Bee Editorial Says UC High Paid Execs Threatening to Sue “Live in Bubble”

Byuclafaculty

UC executives offer further evidence they live in bubble (excerpt) Jan. 02, 2011, Sacramento Bee We’re in a time in California when everyone has to share the pain, and leaders have to set the right example. It is dumbfounding that some top officials at the University of California are doing the exact opposite. Thirty-six executives sent a letter to UC regents on Dec. 9 with an ultimatum: Give us higher pensions or we’ll sue. They had the gall to call it a “legal, moral and ethical obligation.” What’s appalling is that people – who already earn far more than the…

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Livermore Retirees Sue University Over Health Care Benefits

Byuclafaculty

Livermore Retirees Sue University Over Health Care Benefits (excerpt) Elizabeth Lesly Stevens, NY Times, 1/1/11 As one of the country’s leading nuclear physicists at one of the country’s most prestigious scientific institutions, Jay Davis has worked in the golden hills of Livermore and weapons depots of Iraq. In 1988, Mr. Davis founded the renowned Livermore Lab’s Center for Accelerator Mass Spectrometry, which reveals the chemical makeup of substances and has helped advance research across many disciplines. …Now, to Mr. Davis’s surprise, his long association with Livermore Lab has brought him to a courthouse in Oakland. There, a State Superior Court…

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Lame Duck Nominates Crane: Crane Nomination May Not Fly

Byuclafaculty

In a very lame-duck action, Governor Schwarzenegger has nominated David Crane, generally billed as his economic advisor, to the UC Board of Regents. As you can see above, he is an odd mix of Democrat and Republican. Below is an excerpt from one news account: Capitol Alert, Dec. 30, 2010 Schwarzenegger appoints key economic aide as UC regent (excerpt) Gov. Arnold Schwarzenegger named one of his top economic advisers Thursday to the governing board of the University of California, which has been rocked in recent years by California’s budget crisis. David Crane, 57, was named to fill the UC regents…

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Clash of the Titans II: Jerry Brown says high-paid execs at UC demanding high pensions are “out of touch”

Byuclafaculty

UC execs’ demand for more benefits angers many (excerpts) Nanette Asimov, San Francisco Chronicle, Dec. 30, 2010 Gov.-elect Jerry Brown, state lawmakers and others minced few words Wednesday in condemning high-paid executives at the University of California who are threatening to sue UC unless it spends millions of dollars to increase their pensions. “These executives seem very out of touch at a time when the state is contemplating billions of dollars in reductions that will affect people who are far less advantaged,” Brown said. Their demand comes as UC faces $21.6 billion in unfunded pension obligations and is reducing benefits…

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Clash of the Titans: Coming to a Regents Meeting Soon

Byuclafaculty

Background: Readers of this blog will know that at the Dec. 13 Regents meeting, where changes in the retirement plan were adopted, one item was dropped from the agenda a few days before the meeting. You can hear the Regents meeting on this blog. But there is only one vague reference to the dropping. The item involved a 1999 Regents decision to seek IRS approval to exceed a ceiling on pension benefits. The approval was received but the pension plan was never modified to implement the approval. The PEB task force recommended such implementation as part of its other retirement…

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The Coming Budget Brownout

Byuclafaculty

Wikipedia defines a “brownout” as follows A brownout… is a drop in voltage in an electrical power supply. The term brownout comes from the dimming experienced by lighting when the voltage sags. Wikipedia then goes on to describe the impact of a brownout on various devices. Here are some of those impacts: * The heat output of any resistance device, such as an electric space heater will vary with the true power consumption, which is proportional to the square of the applied voltage. Therefore a significant loss of heat output will occur with a relatively small reduction in voltage. Similarly,…

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Op Ed by Erwin Chemerinsky, Dean of the UC-Irvine Law School on UC Funding

Byuclafaculty

Invest in higher education: Over the years, the state’s contribution to the University of California has not kept pace with its needs. The risk is letting a great system become a mediocre one. (Excerpts) Erwin Chemerinsky, Dec. 27, 2010, Los Angeles Times The proposals for the University of California now being considered in Sacramento — limiting tuition and fees, freezing executive and faculty salaries and increasing legislative control over the UCs — are well intentioned. But they are a recipe for ruining a great public university system. A public university has only three choices: It can be subsidized by the…