[February 2, 2000]

Good news! You can now view your own account balances in the UCRS plans online. Simply click on the "UCRS Account Balances" icon on the right side of our home page and follow the logon procedures to see these balances:

• Tax-Deferred 403(b) Plan, including any 403(b) Plan loan balance
• Defined Contribution Plan—Pretax and After-Tax Accounts
• University of California Retirement Plan (UCRP), including UCRP service credit

Note: Your UCRS account balances include only money you have invested with UC. For online access to your accounts with Fidelity or Calvert, go to Fidelity NetBenefits or to the Calvert Group's website.

The UC-managed funds are valued monthly, at the end of each month, and your account balances are updated with the new values around the middle of the following month. Balances reflect any distributions processed through the end of the previous business day. Transfers among UC-managed funds effective on the first of a month will generally appear in your balance during the third or fourth week of the month. UCRP retirement benefits are based on your age at retirement, your years of service, and your average salary, not on your UCRP balance.

In the next few months we'll be offering another new feature: you'll be able to transfer your money among the UC-managed funds. Watch for the announcement soon.

The next Semi-Annual Statement, showing transactional detail through December 31, 1999, will be mailed during the third week of February.

• The information presented in these news archive articles may no longer be current. Please note the date when the article was first published.