Millennials will not follow the carrot

Megaphone

Carrot-stick
Joy Lin/Staff

By this point, you’ve all visited the Secret Millennial Research Facility. There’s one right here at the Tang Center. You know, the one where they dangle the carrot on the stick and you run through the maze and at the end you get to choose an Xbox One or a
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Eating the ‘reality sandwich’

UNIVERSITY ISSUES: UC President Janet Napolitano, Gov. Jerry Brown, the state Legislature and the regents must avoid a tuition hike.

We’ve heard this story before, and we know how it’s going to end. Once again, the president of the University of California system, the UC Board of Regents, the state Legislature and the governor’s office are doing their usual dance over the amount of money the state will pour into
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Campus ‘Great Debate’

Representatives of Cal Berkeley Democrats and Berkeley College Republicans presented their best case to reform education, public pensions and healthcare within California in “The Great Debate: The Storm to Reform,” which was sponsored by both student political parties. Check out the article here: http://www.dailycal.org/2013/10/26/great-debate/ Filmed by Alexandra Campbell Edited by
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Fixing the UC retirement system time bomb

UC students appreciate that faculty achievements have made their university among the very best in the world. Many also know that UC faculty members have long been underpaid compared to faculty members at our peer universities. Historically, however, lower salaries were balanced by a superb retirement system. In return for
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phoenixdelman

Employees should retire with dignity

UC employees feel like they are paying more now to ultimately get less in retirement benefits in the future

Everyone should be able to retire with dignity with a pension after a lifetime of work. Productivity has increased dramatically over the last 30 years, but most of this increased income has gone to the top 1 percent of earners. At the same time, these earners in the top 1
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Running on empty

CITY AFFAIRS: The city of Berkeley must find a solution to its pension problem more quickly if it wants to avoid bankruptcy.

At a Berkeley City Council meeting on Feb. 9, 2010, Councilmember Laurie Capitelli said that the consequences of not dealing with a pensions system that costs the city millions of dollars each year “could be really bad” and that “we don’t want to just kick the can further down the
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Some claim high pensions could deplete Berkeley’s funds

When Berkeley’s city manager Phil Kamlarz retired in November 2011, he took nearly a quarter of a million dollars in annual pensions with him, raising eyebrows over the current pension system and the security of Berkeley’s financial future. Kamlarz, who worked for the city for 36 years, will have an
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