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Staff, faculty applications sought for UC Retirement System Advisory Board


UC staff and faculty interested in running for one of two open seats on the UC Retirement System (UCRS) Advisory Board are invited to submit nomination applications until May 1.

The advisory board meets three times a year to discuss issues of interest to UCRS members, retirees and beneficiaries, and shares its opinions on these issues with the president of the university.

To qualify for the ballot, staff must be active members of the University of California Retirement Plan (UCRP) who are not members of the Academic Senate. UC Office of the President employees involved in making UCRS policy or providing legal advice about UCRS and employees in Internal Audit are not eligible to run.

Candidates must also submit a signed background information sheet that includes a candidate statement; a nomination petition with at least 50 valid signatures from active UCRP members and a signed rules of campaign conduct form.

Nomination materials in both English and Spanish may be downloaded from the UCRS Advisory Board election website. They are also available at local human resources benefits offices.

In mid-May, a list of qualified candidates and their statements will be posted at the UCRS Advisory Board election website. 

All active, eligible UCRP members who are not part of the Academic Senate will then elect two candidates to sit on the board for a four-year term. The online election will be conducted by VR Election Services (VRES), from May 19 through June 17.
VRES has more than 25 years experience conducting retirement board elections, including elections for many of the largest public retirement systems in the country.

Final election results will be posted at the UCRS Advisory Board election website by the end of June.

About the UCRS Advisory Board
The 11-member UCRS Advisory Board is comprised of a cross-section of the university community. In addition to the two seats held by elected staff representatives, the board includes members of the President's executive cabinet; faculty appointed by the UC Academic Senate; and representatives of the Council of UC Emeriti Associations and Council of UC Retiree Associations.

The Advisory Board discusses issues relating to all members, retirees and their beneficiaries for the following plans:
•    University of California Retirement Plan (UCRP)
•    Tax-Deferred 403(b) Plan
•    457(b) Deferred Compensation Plan
•    Defined Contribution Plan
•    The 415(m) Restoration Plan

This story was originally published by UCnet.

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