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Retirement Savings Program workshops

The UC Davis Benefits Office sponsors these workshops presented by Fidelity Retirement Services.


Retirement Counseling Transition to Oakland

On January 2, 2014, the Davis Campus and UCDHS Benefits Offices began a partnership with the Retirement Administration Service Center (RASC) at the Office of the President in Oakland to assist employees in transitioning to the next important phase of their lives - Retirement.

For those approaching retirement, the Retirement Administration Service Center is now here to assist employees in making a smooth transition from Esteemed Employee to Respected Retiree. On January 2, the RASC began providing all retirement-related counseling and processing for UCD and UCDHS faculty and staff.  Services the RASC provides include:

  • Pre-retirement planning, retirement counseling and election;
  • General UCRP inquiries;
  • Buyback inquiries and processing;
  • UCRP service credit inquiries;
  • Reciprocity
  • Transitioning from UC Disability Income to Service Retirement;
  • Post-retirement service credit adjustments;
  • Support to separated employees trying to access retirement savings or CAP balances

 

The Davis Campus and UCDHS Benefits Offices continue to provide all counseling for UCRP Disability Income, layoff inquiries, death reports and survivor benefit counseling, New Employee Orientation, and Open Enrollment.

When you are ready to discuss your retirement preparations, contact the Retirement Administration Service Center to speak to a Specialist: 1- 800-888-8267, option 8, or you can access assistance on line through a web form at: https://secure.ucop.edu/secureapps/ays/csform.html.   

New UC retiree health rules

On July 1, 2013, UC adopted a new formula for contributions toward retiree health benefits. Approximately 46% of the current UC employee population were  grandfathered under the existing eligibility rules, while the remainder of employees are subject to the new rules.

‘Grandfathering’ provision

UC faculty and staff remained under current retiree health care eligibility rules if, by June 30, 2013, they met both of the following criteria:

  • Had five years of UC Retirement Plan service credit;
  • Their age (in whole years) plus their years of service credit was equal to, or greater than, 50.

Three retiree health eligibility groups

As of 7/1/2013, retirees who are eligible for UC's contribution toward medical and dental insurance fell into three graduated eligibility (G.E.) groups:

  • No G.E. - Employees who originally joined UCRP prior to 1990 are generally not subject to graduated eligibility and qualify for 100% of the UC contribution.
  • G.E. - Employees who joined UCRP in or after 1990 (and Safety employees hired on or after July 1, 2013) are subject to the current graduated eligibility rules if they meet the grandfathering requirements above.
  • New G.E. - Newer employees who do not meet the criteria listed above by June 30, 2013 (except Safety employees, hired on or after July 1, 2013) are subject to the new graduated eligibility requirements.

 

For more information, see The Facts: Retiree Health.


 

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UC Davis Employee Benefits Office Hours:

Customer Service hours for the Benefits Office are 8:30 a.m. to 12:30 p.m. Monday through Friday (excluding holidays).

Please note: the Human Resources Administration Building is closed during the noon hour.

phone: (530) 752-1774 | fax: (530) 752-1993

Webmaster questions or comments? | Last Update: Mar 17, 2014
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