Tuesday, January 10, 2017

Boom or Bust?, Plans or Revise?

The UC Board of Regents are also trying to move these same workers from a secure defined benefit pension to a risky 401(k)-style plan that will decimate income replacement and make workers subject to the whims and fees of Wall Street. Pensions are essential to ensuring retirement security, yet this state system is endangering the futures of its own residents.

UC has refused to address these matters in a fair and just way, and now these employees are without a contract. Despite the fact that 58 percent of them have bachelors’ degrees, their future is uncertain.


California’s Brown Focuses on Trump, Dark Clouds as State Booms
Governor Edmund G. Brown Jr. to Introduce the 2017-18 State Budget in Sacramento

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