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 Read More…
UC Berkeley economics professor Martha Olney and her wife have been together for 30 years but during all that time she has been unable to extend her UC health benefits to her wife without paying taxes on the cost of those benefits. Read More…
The University of California released its 2012 payroll report on Wednesday, which showed that funding from state and educational fees continues to go down while compensation for UC employees remains below market. The total UC payroll of roughly $10.6 billion in 2011 grew to $11.2 billion in 2012. The highest source of Read More…
The 2012 gross salaries of more than 191,000 career faculty and staff employees, as well as part-time, temporary and student employees are disclosed in a searchable database on the UC website. Read More…
While Americans don’t seem to agree on much these days, there has been a growing public consensus on the issue of reforming public employee pensions. Virtually no one thinks “public servants” should be receiving taxpayer-subsidized payouts as large as $300,000 per year for life when they are no longer working. Read More…
Hard times for the University of California Of historical value we find it interesting to note that our beloved Alma Mater appears to have evolved from a bastion of innovative thought and free speech to a seemingly spineless institutution begging for funds, selling out entire departments to the likes of Read More…
Father of two UC students speaks against appointment of Janet Napolitano as UC president I remember that when the small federal budget reduction was implemented, Janet Napolitano held airline passengers hostage by deliberately reducing the number of TSA security personnel in airports to create an artificial logjam to avoid implementing Read More…
By signing off on a proposal to make UCLA’s full-time graduate MBA program self-supporting, UC President Mark Yudof has given up on the dream for the University of California to remain a public university supported by the state. Last month, Yudof approved the UCLA Anderson School of Management’s proposal to Read More…
The U.S. Supreme Court did the right thing in not forcing the University of Texas to change its admission policies in its ruling in Fisher v. University of Texas at Austin, a case that tested the constitutionality of considering race in university admissions. The Supreme Court sent the case back Read More…
The University of California filed a lawsuit against Bank of America, Barclays, and 20 other global financial institutions on Tuesday, alleging the university suffered financial damages when the banks manipulated an interest-rate benchmark, known as the London Interbank Offered Rate (Libor), that affects trillions of dollars of investments worldwide. Read More…
