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  • UC Retirement Plan Under Threat

    UC Retirement Plan Under Threat

    • June 9, 2016

    As next week’s June 15 budget deadline looms, legislative leaders hammering out differences between the Assembly and Senate versions of this year’s $171 billion budget for the fiscal year that begins July 1 will also be deciding the fate of retirement security for future University of California workers.

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  • Retirement Board Facing Critical Pension Decision

    Retirement Board Facing Critical Pension Decision

    • March 25, 2016

    Within the next 20 years, the number of Californians beyond retirement age will increase by two-thirds, to 12 million. Many of them — half, by some estimates — will have saved less than they need to subsist on after they stop working, leaving them no choice but to either work until the end of their

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  • Retirement: A California Mirage?

    Retirement: A California Mirage?

    • March 25, 2016

    More than seven million people—over one-fifth of California’s population—work without a path to retirement. They have neither a 401(k) — the so-called “roller-coaster plan” tied to the stock market — nor a traditional pension that was once considered a worker’s right and which is now a rare species outside of government employment or the public

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