July 31, 2013
|With no raises, how do they expect us to live?|
|Beginning next summer (2014), mandatory pension contributions will once again increase for non-represented staff at UC, the regents announced this month.
The changes, which do not apply to UPTE-represented employees, require administrative professionals to pay an additional 1.5% of their salary toward retirement benefits, for a total of 8% under the “legacy tier" and 7% under the “2013 tier.”
Combined with the 1.5% pension contribution increase imposed this month, the change will wipe out our entire 3% pay increase just awarded.
Judging by the dozens of comments left on UCOP’s “Our University” web page, the change is none too popular.
“This is disgusting,” posted one reader. “With no raises, how do they expect us to live? We are paying more taxes and the cost of living keeps going up.”
“All I can say is . . . . . Shame on you UC!,” commented another. “When are you going to trickle some of the money down to the real workers? The ones who work twice as hard and never see any raises.”
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