In the discussion on health and pension costs at the Sept. 12 Regents retreat, there were a number of disturbing elements. Some regents seemed to have forgotten their own 2010 decision to go to a two tier pension but retain the basic defined benefits format. The whole defined benefit vs. defined contribution debate seemed to start up again as if it had not occurred earlier.
Category: health care
Listen to Regents Meeting of Sept. 11, 2012 in Two Parts
We have previously posted audio excerpts from the Sept. 11, 2012 session of the Regents dealing with the UCLA hotel and the UCLA teaching center. The web source on which we park audio from the Regents is again operational so here is the full meeting, divided into two parts as per the agenda below.
Listen to Hotel Echoes in Regents Reluctant Go-Ahead for UCLA Medical Facility
We noted yesterday that the website where we usually park audio for Regents meetings, archives.org, is having a tech heart attack. Recovery is promised, maybe by the end of today. In the meanwhile, we will continue to post excerpts.
Food for Thought on Retirement at UC
Inside Higher Ed today unveiled a survey of human resource executives in higher education. The full survey can be downloaded from that source and the link is at the bottom of this post. But start with the observation that much of higher ed operates with defined contribution pension plans such as TIAA-CREF. Thus, there is no particular incentive for older faculty to retire built into the pension.
A chart from the survey can be seen below. Click on it for a clearer image.
Waiting for Details on the September 11-13 Regents Meeting
The Regents are meeting Sept. 11-13 at UC-San Francisco. Below is the preliminary agenda – which includes the architectural plans for UCLA’s Hotel Super-Grandeand an “Action Approval” for some plans related to Health Sciences at UCLA. At the moment (7 am today), the detailed agenda items are not yet posted.
[Note the word “tuition” on the agenda and the fact that there is a public comment period before that item. Should be an interesting morning.]
Good News/Bad News
The good news is that reading this blog every day will keep you informed about UCLA and UC concerns.
The bad news, according to our friends down the road in Santa Monica at the Milken Institute, is that it can make you fat:
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No Meds for Riverside
UC-Riverside keeps trying to get state funding to open a med school. But not successfully, so far:
From the Press-Enterprise (excerpt):
The latest Capitol attempt to secure state funding for UC Riverside’s school of medicine is all but dead after a key Senate committee blocked a bill to allocate $15 million from an expected legal settlement…
Full story at:
http://www.pe.com/local-news/politics/jim-miller-headlines/20120816-uc-riverside-med-school-funding-bill-stalls.ece
Blue Deal
From the LA Times yesterday:
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Nonprofit insurer Blue Shield of California said it resolved a lengthy contract dispute with UCLA and other UC system hospitals over reimbursements for patient care. Effective Sept. 1, Ronald Reagan UCLA Medical Center and the Santa Monica-UCLA Medical Center and Orthopaedic Hospital will be back in the Blue Shield network. The San Francisco health insurer said this new contract with all UC providers statewide runs through June 30, 2015…
U-CVS-LA?
Why does the item below make me nervous? From the LA Times (excerpt):
Beyond the Headlines
The headline on a story in today’s Sacramento Beereads: