From today's Daily Cal... a resolution has passed in the state legislature that urges the university to share oversight and decision making powers with employees over the UCRP. Full details of how the fund would be managed have not been worked out, but could be modeled after the California Public Employees’ Retirement System and the California State Teachers’ Retirement System. State Senator Leland Yee, D-San Francisco/San Mateo introduced this promising legislation.
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