UCRP Contributions Postponed
UCRS Advisory Board Election under Way through June 22
As previously announced, contributions from both UC and employees were scheduled to start July 1, 2007, subject to several factors including State funding. Because UC will not receive State support for this purpose in its 2007-08 budget, the restart of UCRP contributions will need to be rescheduled.
Active UC Retirement Plan (UCRP) members who are not members of the Academic Senate have until June 22 to vote in the election of two new UCRS Board members. There are 11 candidates running. Go to the election website for details about the Board and the election, the candidates’ statements, and a link to the At Your Service Online voting tool.
Retirement Readiness Workshops Now Online
For those who are unable to attend the retirement readiness workshops being conducted at each location as part of UC’s ongoing financial education program, FITSCo now offers prerecorded versions of several of their workshops online. More>>
Look for Information on Medical Plan Bid Process on At Your Service
The bid process for all UC medical plans, which was featured in the last issue of Briefing, continues, with selection of plan vendors anticipated by the end of July. At Your Service offers the most current news about the 2008 UC medical plans bid process as well as information that will help you make decisions in this year's November Open Enrollment. Plan to visit the site regularly and frequently because you will have a number of decisions to make about your medical plan coverage for 2008 during Open Enrollment.
Reducing Emergency Care Expenses
Did you know that for a medical emergency, UC medical plans allow treatment at medical facilities other than those affiliated with your health plan? It is important to note, however, that you must notify your medical group and health plan as soon as possible after you receive emergency treatment. Failure to notify your plan of an emergency treatment or emergency hospitalization can result in potentially expensive out-of-pocket costs for you. For additional information, contact your health plan.
Security Changes Continue for At Your Service
At Your Service Online has undergone two changes to further protect your personal information. As part of continuing efforts to promote security on At Your service Online, a number of steps are being taken to further safeguard UC employees personal information. More>>
Dental Newsletters Now Available
If you are enrolled in the Delta Dental plan, you may sign up to receive the Dental Wire newsletter on the Delta Dental website. The newsletter offers tips on how to maintain proper dental hygiene and other useful information. After logging on to Delta Dental's website, look for the link to the newsletters.
Retirement Update Well Received
Go to the Top
More than 85 percent of UC faculty and staff who returned the feedback card found the UCRP Retirement Update and Readiness Guide to be a useful tool. The personalized Update, which mailed in February, was rated high for increasing awareness of the retirement savings opportunities available through UC and for helping people understand their progress toward their personal retirement savings goals. As a result of receiving the Update, 44% of those responding said that they intend to increase their retirement savings and 34% intend to change their asset allocation. Of the more than 3500 surveys received, 74% were from staff, 19% from faculty, and 7 percent from other.