Sunday, April 20, 2014
YOLO COUNTY NEWS
99 CENTS

Yudof pension a sweet deal

By
From page A6 | January 23, 2013 | 1 Comment

Thank you to the University of California Office of the President for providing information about UC President Mark Yudof’s salary and his expected annual pension, and The Davis Enterprise for publishing this information in your Jan. 20 article announcing Yudof’s retirement as UC president.

A closer look at Yudof’s numbers, and the UC retirement plan benefit percentages that apply to almost all UC employees, shows that UC has once again made a sweetheart deal for a high-ranking administrator. California taxpayers and UC tuition-paying students and their families should take note.

Yudof will retire with 5.25 years of service, barely above the five years required to “vest” in the retirement plan. Almost all UC employees (except those with special sweetheart deals) who retire at 60 years of age or older multiply the average of their three highest years of salary times their years of service times 2.5 percent to calculate their annual pension.

According to the numbers in the Jan. 20 article, here is the way that would work out for Yudof: $591,000 times 5.25 years of service times 2.5 percent equals $77,568.75. The article states Yudof will receive an annual pension of “at least $230,000.” This is 296.5 percent more than a typical UC employee would receive who is of the same age, with the same number of years of service!

I would imagine that Yudof is also drawing pensions from the University of Minnesota where he spent a little over five years and the University of Texas, where he spent about six.

The article also points out that his salary for his upcoming faculty appointment at UC Berkeley’s Boalt School of Law is not yet determined. However, such appointments do not come at less than at least $150,000 per year. I would expect his UC pension will not be affected by his law school salary, nor, of course, would any other non-UC pensions he is drawing.

The beat goes on!

Clyde W. Froehlich
Davis

Letters to the Editor

LEAVE A COMMENT

Discussion | 1 comment

The Davis Enterprise does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • M YoungFebruary 01, 2014 - 1:09 pm

    So this is the REAL reason UCOP keeps increasing pension deductions for rank and file employees; who've spent decades paying into this system - only for it to be bleed dry by Hicomp exceutives that don't pay their fair share into the system. Clyde; I thought there was a 250k cap on pension calculations for UC employees hired after 1994 - but then again this was a 'negoatiated contract'

    Reply | Report abusive comment
.

News

Hub of activity: DHS newspaper keeps evolving

By Zoe Juanitas | From Page: A1 | Gallery

 
A springtime ritual

By Wayne Tilcock | From Page: A1 | Gallery

 
Holy fire ceremony draws thousands in Jerusalem

By The Associated Press | From Page: A2 | Gallery

 
Ortiz lawn signs available

By Enterprise staff | From Page: A3

 
Sign up soon for spring cooking classes

By Enterprise staff | From Page: A3

Robb Davis team to rally on Saturday

By Enterprise staff | From Page: A3

 
Tour renovated YCCC facility Thursday

By Enterprise staff | From Page: A3

Tour Davis Waldorf School on Wednesday

By Enterprise staff | From Page: A3

 
The fifth annual Tour de Cluck is soon to be hatched

By Special to The Enterprise | From Page: A3 | Gallery

Yolo Hospice offers free grief workshops

By Enterprise staff | From Page: A4

 
Sign up for Camp Kesem caterpillar crawl

By Enterprise staff | From Page: A4

Quilters gear up for annual show

By Sebastian Onate | From Page: A4

 
Steadfast in their support

By Lauren Keene | From Page: A4, 11 Comments | Gallery

League hosts a series of candidate forums

By Enterprise staff | From Page: A5

 
KDVS launches fund drive on Monday

By Jeff Hudson | From Page: A5

Calling all Scrabble fans

By Enterprise staff | From Page: A5, 1 Comment | Gallery

 
Hub webpage is seeing traffic increasing

By Zoe Juanitas | From Page: A8

Learn Chinese crafts at I-House

By Sebastian Onate | From Page: A16

 
Preschool open house set at Davis Waldorf

By Enterprise staff | From Page: A16

Birch Lane celebrates its 50th anniversary

By Enterprise staff | From Page: A16

 
Hotel/conference center info meeting set

By Enterprise staff | From Page: A16

Lescroart welcomes all to book-launch party

By Special to The Enterprise | From Page: A16 | Gallery

 
DEVO set to serve up 14th annual Winkler Dinner

By Enterprise staff | From Page: A16, 1 Comment | Gallery

.

Forum

Take ownership of your health

By Special to The Enterprise | From Page: B5

 
Not thrilled with lack of symmetry

By Special to The Enterprise | From Page: A7

Reliving the agony and ecstasy of spring

By Marion Franck | From Page: A7

 
Keep your baby safe

By Special to The Enterprise | From Page: A7

 
Rick McKee cartoon

By Debbie Davis | From Page: A12

 
Core values on campus

By Our View | From Page: A12, 3 Comments

Road diet? No, city diet!

By Letters to the Editor | From Page: A12, 5 Comments

 
We’re reveling in our equality

By Letters to the Editor | From Page: A12, 1 Comment

Vote no; it’s fiscally responsible

By Letters to the Editor | From Page: A12, 3 Comments

 
Bill is an affront to UC Davis ag biotech and local farmers

By Special to The Enterprise | From Page: A13, 3 Comments

Don’t want to sit in Fix 50 traffic? Consider alternatives

By Special to The Enterprise | From Page: A13, 1 Comment

 
.

Sports

Stars shine in Woody Wilson Classic

By Evan Ream | From Page: B1, 1 Comment | Gallery

 
Devils burn up the track

By Enterprise staff | From Page: B1

 
UCD softball shut out by Santa Barbara

By Thomas Oide | From Page: B1 | Gallery

Aggie men shoot 9-under, lead own tourney

By Bruce Gallaudet | From Page: B1 | Gallery

 
UCD roundup: Aggie baseball swept away by Highlanders

By Enterprise staff | From Page: B2

A’s score 3 in ninth, rally past Astros 4-3

By The Associated Press | From Page: B6

 
.

Features

.

Arts

.

Business

Pediatricians, nurse practitioner hired at Woodland Healthcare

By Enterprise staff | From Page: A9 | Gallery

 
Asian stocks mostly higher after mixed U.S. earnings

By The Associated Press | From Page: A9

Yolo Federal Credit Union gets WISH funds

By Enterprise staff | From Page: A9

 
PG&E pays taxes, fees to county, cities

By Enterprise staff | From Page: A9, 1 Comment

Will Davis get an Old Soul?

By Wendy Weitzel | From Page: A9

 
University Honda wins another President’s Award

By Enterprise staff | From Page: A14 | Gallery

Dutch Bros. raises $19,000 for girl with leukemia

By Enterprise staff | From Page: A14 | Gallery

 
Davis Roots will showcase its graduating startups

By Enterprise staff | From Page: A14

.

Obituaries

.

Comics

Comics: Sunday, April 20, 2014

By Creator | From Page: B8