retirement

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Listen to Regents Discuss Retiree Health on Nov. 14, 2013

Byuclafaculty

We’ll post the audio for the entire Nov. 14 Regents meeting subsequently.  However, below is a link just to a discussion of the issue of retiree health.  As blog readers will likely know, as part of the open enrollment, UC retirees who are out of state are being dropped from UC programs and given a flat dollar contribution to buy their own policies from local exchanges.  An external contractor – Extend Health – has been engaged to provide counseling for out-of-state retirees. According to the back and forth between regents and UC administrators, this change will drop the liability to…

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Food for Thought on Retirement at UC

Byuclafaculty

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. As can be seen below, higher ed HR execs thus worry that older faculty are not retiring, making it difficult to recruit new faculty.  UC, with its defined benefit system, does have a…

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Post-Employment Benefits session audios

Byuclafaculty

The UC Post-Employment Benefits Taskforce was hosted by the UCLA Academic Senate on 5-4-10. Below are links to audios (videos with a still picture) of that session. The audios are in 10 parts. Parts 1-8 run about 14 minutes each. Parts 9 and 10 run about 8 minutes each. You can access these audios at the following addresses: PEB audios 5-4-10 Part 1 Part 2 Part 3 Part 4 Part 5 Part 6 Part 7 Part 8 Part 9 Part 10 (end)