News

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Agitation Around Public Pensions in California Continues

As prior posts have noted, there has been an active campaign – with varying intensity – behind a ballot initiative that would affect all public pensions (including UC’s) in California. Although the Regents have now enacted a plan for UC, their decisions could be overridden by such an initiative. The image accompanying this entry indicates that the issue continues to simmer. Whether the proponents of such an initiative have the $1-$2 million needed in practice to gather signatures to get it on the ballot, or the considerable amount that would be needed for a campaign thereafter, remains unknown. When Meg…

Yahoo’s Decline Will Affect the Blog

In the past, various meetings of the Regents and hearings related to UCOF, Post-Employment Benefits, and the general budget situation have been posted on this site by way of Yahoo-video. Yahoo is generally in commercial decline, thanks to competition from Google and others such as YouTube. As a result, Yahoo has discontinued its video service. Any video content embedded from Yahoo-video will be unavailable on this blog after March 14, 2011. I will decide whether to try to move the video/audio content – which is a royal pain to do – to some other site. If you have an interest…

Brown Summit at UCLA: Where Is the Video?

The CalChannel was supposed to carry the Jerry Brown budget summit at UCLA earlier today live. Usually, that means there would be an archived video. But there was no sign of it – live or otherwise – on the CalChannel’s schedule for today and I was not available to see if anything aired live. (It was also supposed to be live on jerrybrown.org and a UCLA feed.) The meeting was focused on education but apparently mainly K-12. UCLA did provide the following media release: Governor-elect Brown at UCLA budget summit: There will be cuts By Alison Hewitt December 14, 2010…

They Love Me; They Love Me Not

Inside Higher Ed today steered me to the article below: Students stretch truth on teacher evaluations, UNI professor’s study finds STACI HUPP • Des Moines Register • December 13, 2010 Dennis Clayson’s college students have picked apart everything from his “impossible” tests to his choice of neckties. The University of Northern Iowa marketing professor says he doesn’t take criticism personally when students grade him on teacher evaluations, but he has wondered: Do they always tell the truth? The answer is no, Clayson and a Southeastern Oklahoma State University marketing professor found, in what they say is the first study of…

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Audio of Regents Meeting of 12-13-10: UCOF Approval & Post-Employment Benefits Plan Approval

Below are links to the audio of the Regents meeting of 12-13-10. There are 13 segments. (A couple of minutes of noise at the beginning of Part 1 have been omitted during which there were problems in linking two locations. The meeting officially began once the link was established.) At this meeting, the Regents approved the UCOF (University Committee on the Future) report as well as the Yudof plan for post-employment benefits (pension & retiree health care). The Regents meeting took place with a video link to UCLA where some Regents attended. As the previous post on this blog noted,…

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UC Pension Solutions and the External Threats to Them

In prior posts, I have noted that while the Regents can modify the UC pension plan in response to its underfunding problem, their actions could be overridden by external forces such as a ballot initiative covering all public pensions in California. Now comes word of another external threat, Congressional legislation that would effectively force public pensions to use a risk-free interest rate assumption in calculating their unfunded liabilities. The proposed legislation apparently would not technically force public pension authorities to do so but it would deny tax-favored status to their municipal bonds if they did not. I was alerted to…

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Don’t Take Away My Bike (at Berkeley)

UC Berkeley crackdown has bicyclists fuming Nanette Asimov, San Francisco Chronicle, Dec. 13, 2010 UC Berkeley freshman Devin Shoop got a $220 ticket in September. His crime: locking his bicycle to a railing instead of a bike rack… As he tells it, Shoop locked his old mountain bike to a rail outside Cal’s Recreational Sports Facility on Bancroft Way on Sept. 17, as was his habit when the bike rack was full. He made sure his bike wasn’t blocking the path, then ducked into the gym for a few hours. He came out to find a boot on his bike…

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What Happens If the New “Residential Conference Center” (aka “hotel”) turns out to be a white elephant?

There have been a couple of earlier posts on this blog about the fate of the UCLA Faculty Center. The most recent is at http://uclafacultyassociation.blogspot.com/2010/11/presentation-available-on-replacement.html In the background is the fact that the Faculty Club has been losing money and requires costly capital maintenance. [If you have trouble when you click on the URL above, just go back to Nov. 29, 2010 on this blog for the entry.] At this point, it appears that the decision to demolish the existing building and replace it with what is called a “residential conference center” seems to be a fait accompli. Those who…