August 20, 2010

Q&A: Why has UC not required contributions to the UCRP since the early 1990s?

Strong market performance of the late 1990s combined with good management of UC’s investments resulted in a large surplus of UCRP assets. The Regents chose to use this surplus to fund the ongoing annual costs of the UCRP. As a result, there has been a “contribution holiday” since the early 1990′s, meaning no contributions by UC or its employees have been necessary since then to fund the plan.