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and Savings
The University of California Retirement Plan
If you are a UC retiree receiving a monthly pension check, UCRP provides:
- lifetime monthly retirement income
- cost of living adjustments
- survivor income
- death benefits
UC Retirement Savings Program
The Retirement Savings Program consists of the Defined Contribution Plan
(DC Plan), the Tax-Deferred 403(b) Plan (403(b) Plan) and the 457(b) Deferred
Compensation Plan (457(b) Plan). Fidelity Retirement Services provides record
keeping and account services for the Plans.
As a retiree, you may keep your money in any plan, provided the balance in that plan is $2,000 or more. Although you are no longer able to contribute to the Plan, you may rollover money from other employer plans into the Plan and/or transfer your money among the investment fund options.
