NEWSLETTERS
FACULTY ASSOCIATION AT UCLA NEWSLETTERS
2009-10
Working Draft:
The State’s Obligation to Resume Contributions to UCRP
Fall/Winter FA Newsletter:
Market Numbers & What They Show:The Elephant in the Room is Getting Bigger & Bigger
On September 30, 2009
The Market Funding Ratio was 78%
The $10.19 Billion Unfunded Liability
Requires $1.15 Billion Annually to Amortize it over 15 Years
The Annual Cost of Benefits is $1.34 Billion.
Thus, about $2.49 Billion should be put into UCRP Annually.
Delaying the Resumption of Contributions Costs the Regents Double their own Contribution
Resuming Contributions at too Low a Level Increases Unfunded Liabilities, Will
Cost Younger Employees Dearly, and Threatens the Future of UC
Read the Faculty Association Q&A on the UCRP Funding Crisis
2008-09
Paradigm Lost: Resuming Contributions to UCRP WHO HAS TO PAY?
The State of California used to support UCRP by paying the contributions for State-supported employees before 1990 when contributions stopped because UCRP was overfunded. Now that it is passed the time to resume contributions to UCRP, the State is not willing to pay its share because of budget issues and a reconsiderations of its obligations to UC employees.
A Primer on UCRP Pension Contributions
UC faculty have many questions about contributing to UCRP after so many years
of not having to make any payments. In the Q&A, the Faculty Association at UCLA has tried to capture those questions and provide both brief answers as well as more detailed information about the numbers and the politics of UCRP funding.
NEWSLETTER ARCHIVES
2007-2008
Growth in Number of UC Administrators o
Over the past decade, the numbers of Administrators in the UC almost doubled, while the number of faculty increased by 25%. The sharpest growth took place among Executives and Senior Managers: 114%. Because Administrators command high salaries and benefits, any increaase in their number higher than the expected growth rate for the University results in high costs; rough estimaes of the costs of carrying extra administrators at UC range around $800M
Troubled UC Faculty Salary Strategy: Quick & Dirty Numbers
Over the past 25 years, the UC Salary Scale has often been cited as a model of equity in the academic world. When it was first conceived, the goal was for all faculty at all ranks at all of the campuses of the UC to be treated alike. Research and scholarly exdellence were rewarded with the same salary level whether in the Humanities, Social Sciences, Life Sciences, Physical Sciences, or Business & Engineering. This article shows how that ideal no longer applies in one campus or across campuses.
2006-2007
The Faculty Association presented information on the growth of Off Scale salaries at UC and UCLA. Funding Off Scale was also discussed as well as the use or disuse of the Salary Scale.
FA FAQs: UCRP Pension and Social Security
The basic FAQs, first on the UCRP pension and then on Social Security benefits, are offered in the spirit of providing partial answers to complex questions, but more importantly, partial answers that might get faculty asking better questions about their own particular circumstances either to campus HR or Social Security reps.
Rate Increases in CalPERS Long Term Care Insurance.
The Faculty Association issued an email Bulletin to faculty to bring their attention to the rate increase in CalPERS Long Term Care Insurance. The FA discussed some options faculty might consider in deciding whether to cancel their insurance, change the coverage, or keep their current level.
2005-2006
Fancy Footwork and Faculty Salaries
This discussion of Faculty Salaries concentrates on the CPEC methodology.
2004-2005
The FA reviewed the book, Grade Inflation: A Crisis in Higher Education, 2003, by Valen Johnson. In this book, Johnson describes the statistical analyses of date callectd from students at Duke in the late nineties, and what these analyses reveal about the cancerous effects of grade inflation.
