UC part-timers get the short end in retirement

By Howard Ryan

Some 22,000 UC employees, including more than 1,000 lecturers, are being denied the most basic form of retirement security afforded to other American workers: social security (SS). UC denies SS coverage to any employee with an appointment of less than 50% time. Such employees are also excluded from the UC pension plan. In lieu of social security, and pursuant to federal law, UC requires these employees to participate in a defined contribution plan (DCP), and a 7.5% contribution is deducted from their paychecks. The denial of SS coverage impacts on employees and their families in several ways:

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UC part-timers get the short end in retirement

For a more detailed analysis of the effects of Social Security exclusion on your retirement, click below:

The Impact of Social Security Exclusion on Part-Time Employees at the University of California