Archived entries for

May 23, 2012

UC Retirement Plan contributions increasing July 1

Faculty, staff and UC will contribute more to the UC Retirement Plan (UCRP) beginning July 1, 2012.

Rates for faculty and staff will rise to 5 percent of pay, up from roughly 3.5 percent. The university will pay 10 percent of pay, up from 7 percent. Read more…

May 16, 2012

Regents clarify provisions for operation of UC Retirement Plan new tier

The UC Board of Regents today (May 16) approved several provisions related to the new tier of the UC Retirement Plan that was originally approved in December 2010. Read more…

May 15, 2012

How does an employee become eligible for UCRP?

There are several ways to become eligible for UCRP:

  • Be hired into a career position for 50 percent time or more for one year or longer
  • Work 1,000 hours in a continuous 12-month period in a limited appointment, a contract position or “noncareer” position
  • Work 750 hours in a continuous 12-month period in a non-Senate instructional unit