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University of Calif. faces mounting pension costs

nitajo sumitted ago via http://www.boston.com (Views: 95, Clicks: 4) View Story

The cost of pensions and retiree health benefits are soaring at the University of California, increasing pressure to raise tuition and cut academic programs at one of the nation's leading public college systems.

1 comments | Tags: university of california college tuition teacher pensions uc retirement plan | Topic: Higher Education BAD >_<

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#1 by nitajo posted ago

+4 apples

As of May, there were 2,129 UC retirees drawing annual pensions of more than $100,000, 57 with pensions exceeding $200,000 and three with pensions greater than $300,000, according to data obtained by The Associated Press through a state Public Records Act request.

[reply] report

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