Here is a link to an interesting piece that explains why some people feel that public pension plans based on defined contributions usually end up being more expensive for taxpayers than defined benefit plans as well as harder on retirees:…
by Charles Nash and Eric Hays For reasons that appear to be infinitely more political than fiscal, Governor Schwarzenegger and the Howard Jarvis Taxpayers Association have joined forces with the expressed intent of changing the structure of all public employee…
Here are some interesting results from a survey taken recently by the UC Alumni Advocacy group called Friends of the University of California. The survey was distributed to active alumni advocates for UC interests. More information about this group is…
UCOP President Dynes made the following announcement in his recent newsletter. This newsletter is available on the web at www.universityofcalifornia.edu Update on pension proposal In his recent State of the State address, Gov. Schwarzenegger indicated his intention to reform state…
The 2005-06 state budget proposal issued today (Jan. 10) by Gov. Arnold Schwarzenegger offers an increase in state funding for the University of California after four years of substantial cuts. The proposed increase includes funding for student enrollment growth, faculty…
On Monday of last week we enjoyed another productive meeting in the UCOP with VP Larry Hershman and Assistant VP Ellen Switkes. The focus of the meeting was he UC budget. Although he did not know for sure what the…
You have a daunting and difficult task before you. The Davis Faculty Association, a dues-paying organization of faculty at the University of California, Davis, realizes that there are no easy solutions as you craft a budget proposal that balances the…
At today’s meeting of the Finance Committee, the UC Regents discussed UC’s 2004-5 budget. The main focus was on the elements of the Compact which UC President Dynes and the Governor negotiated. See the following link: The only action…
by Charles P. Nash, Vice President External Relations, UCFA UC Budget Activity: At this writing there are hot and heavy goings-on in Sacramento. The so-called “May Revision” of the Governor’s Budget has been submitted to the Legislature for its consideration,…
According to DFA bylaws, it is time for DFA Board elections. The Nominating committee, consisting of Alan Jackman, Lenora Timm, and Peter Hays, have selected the following slate of candidates to fill DFA Board positions as listed below with the…
