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State Budget | UC budget crisis | UC Regents | Yudof

CSU Offers Negotiating 101: Maybe UC Should Enroll
Byadmin November 10, 2011

President Yudof gave assurance in advance of the event that if the legislative “trigger” is pulled – and cuts are therefore made in the UC budget – there won’t be a midyear tuition increase. Some might see this assurance as an invitation to be shot. President Yudof is apparently going to offer the Regents a budget plan for next year with the assurance that if the state grants it as proposed, there will be no tuition increase next year. He does not say what will happen to tuition if the budget plan (and the increase contained in it relative to…

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new hotel-conference center | UCLA

Chancellor Says We Need Patience & Prudence on the Hotel Business Plan: No Plan Available for Now
Byadmin November 10, 2011

Chancellor Block says the hotel/conference center business plan – which is the only way to determine the viability of the plan and whether it will end up costing the campus money – can’t be made available now for reasons of prudence. See the letter below. So I guess we are expected to be patient until it is prudent. Letter to the Editor, Daily Bruin, 11/9/11 The proposal to build a $152 million conference and guest center on campus is not one UCLA made in haste. In fact, it is supported by $50 million from alumni Meyer Luskin, a highly successful…

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politics | State Budget | UC budget crisis

So Glad the UC Budget Will Be in Good Hands
Byadmin November 9, 2011

California legislators head to Maui for retreat funded by special interests The LA Times headline says it all. But you can read it at http://www.latimes.com/news/local/politics/la-me-legislature-maui-20111109,0,4657777.story As our earlier post noted, President Yudof will be submitting his budget for 2012-13 to the Regents next week. In an article in the Daily Bruin, UC VP Patrick Lenz notes that the last time the legislature enacted the UC budget as requested was in 2000-01 (peak of the dot-com boom and the revenue therefrom). See http://www.dailybruin.com/index.php/article/2011/11/uc_president_mark_yudof_proposes_budget_plan_to_increase_university_funding_from_the_state_although_

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audio | UC Regents

Updated Audio Post of Sept. 13, 2011 Regents meeting
Byadmin November 9, 2011

As noted in our earlier post of the Sept. 13, 2011 Regents meeting, the audio received from the Regents appeared to be incomplete. Below is the complete audio. Regents Committee Meeting: Sept. 13, 2011 1:00 pm Committee on Compliance and Audit (Regents only session) 1:15 pm Committee on Compliance and Audit (open session – includes public comment) 2:30 pm Committee on Grounds and Buildings (open session – includes public comment) Note: The audio begins after about 40 seconds.

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governor | pension | pensions | State Budget | UC budget crisis | uc retirement | Yudof

UC Budget Proposal for 2012-13 Readied for Regents
Byadmin November 9, 2011

President Yudof’s UC budget proposal for 2012-13, scheduled for discussion at the Regents on Nov. 17, is now posted. The key links are http://www.universityofcalifornia.edu/regents/regmeet/nov11/f12.pdf and http://www.universityofcalifornia.edu/regents/regmeet/nov11/f11attach.pdf The proposal includes a request for increased “core” funding by 8%. Notably included is a contribution to the UC pension – which the state has not been doing since contributions resumed. There appears to be an arbitrary request for one fourth of the employer contribution ($87.6 million). See the last page of the second link. Why just one fourth is requested is not clear. Since this seems to be public pension year, given the…

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new hotel-conference center | UCLA

Scoping!
Byadmin November 9, 2011

The report for the scoping review on the newly revised hotel/conference center is now available. Earlier posts on this blog have noted the absence of the report in view of the upcoming session about it to be held Monday, Nov. 14, 7-9 PM, at the Faculty Center. But the report is now online. You can find the report at http://www.capital.ucla.edu/PDF/111108CC2InitialStudy.pdf To attend the Nov. 14 meeting, RSVP by Nov. 9 to mrule@support.ucla.edu Here is an alternative link to the report: Open publication – Free publishing – More ucla Update: Here is the legal announcement in the LA Times: Open publication…

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miscellaneous | parking | UCLA

Seen at Parking Structure #2
Byadmin November 8, 2011

Self-parking at an unemployment conference? Shouldn’t a valet be hired? Just asking.

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governor | LAO | pension | pensions | uc retirement

LAO Report on UC and Other Public Pensions
Byadmin November 8, 2011

The Legislative Analyst has just released a report on the governor’s proposal for public pensions. The report states that the “Governor’s Proposal Is a Bold, Excellent Starting Point” and then goes into a detailed analysis. Most of the report is not about UC, although it does note that changing the UC plan might well involve amending the constitution. But it does have a section on UC reproduced below: What About UC? UCRP Also Has a Major Funding Problem. From 1990 to 2010, UC and its employees enjoyed a remarkable two–decade pension funding holiday due principally to (1) substantial overfunding of…

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health care | new hotel-conference center | UCLA

No Smoking Better Than No Scoping
Byadmin November 8, 2011

In case you haven’t noticed the signs near the Westwood Blvd. entrance to UCLA, the health center is going entirely no smoking on Nov. 17. It’s good to have no smoking. But as yesterday’s post pointed out, no scoping is not so good. We are still awaiting the scoping report on the new hotel/conference center plan which is supposed to be discussed at a public meeting next week. http://uclafacultyassociation.blogspot.com/2011/11/waiting-for-scoping-report.html

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governor | pension | pensions | UC Regents

DB or Not DB: That is the question
Byadmin November 8, 2011

One of the characteristics of a defined benefit (DB) pension such as the current UC plan is that – in contrast to defined contribution (DC) plans – it provides a strong incentive to retire for long-service employees. The two-tier version enacted by the Regents for new hires still preserves the DB format. For faculty renewal, this feature can be important. The governor’s proposal for state and local pensions (including UC) would substitute a “hybrid” plan which is a mix of DB and DC. The more DC there is in a plan, the less you get the incentive to retire. As…

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News

CSU Offers Negotiating 101: Maybe UC Should Enroll

Chancellor Says We Need Patience & Prudence on the Hotel Business Plan: No Plan Available for Now

So Glad the UC Budget Will Be in Good Hands

Updated Audio Post of Sept. 13, 2011 Regents meeting

UC Budget Proposal for 2012-13 Readied for Regents

Scoping!

Seen at Parking Structure #2

LAO Report on UC and Other Public Pensions

No Smoking Better Than No Scoping

DB or Not DB: That is the question

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UC Faculty Associations

Higher Ed Policy

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