University of California Hikes Tuition to Fund Soaring Pensions of up to $350,000 a Year

(Before It's News)

It’s Your Backyard Ventura County By Robert Fellner  The University of California (UC) is implementing major changes to their retirement system to address its $12.1 billion unfunded liability, which has been cited as the driving factor behind recent tuition hikes. The proposed changes include a cap on pension benefits and the possibility of offering a 401(k) defined contribution plan to […]

Tags:  California, California Policy Center, Pensions, Robert Fellner, UC, Union Watch, University

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