Common use of Retirement Income Plans Clause in Contracts

Retirement Income Plans. 1. The basic University of California Retirement System (UCRS) plan provides eligible employees with lifetime retirement income, long-term disability income, family survivor income, and cash death benefits. Social Security is provided for all employees hired since April 1976, coordinated with UCRS and with the same benefits. Any employee who is enrolled in the Public Employment Retirement System (PERS) shall continue in the plan.

Appears in 4 contracts

Samples: teamsters2010.org, ucnet.universityofcalifornia.edu, ucnet.universityofcalifornia.edu

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