2013 UCRP Faculty Pre-Retirement Workshop ... - Academic Affairs

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UCRP Pre-Retirement Survivor Benefits • Monthly income payable to eligible survivor* automatically upon death of active member with 2 yrs service credit – Amount paid to survivor: • UCRP with Social Security – 25% of final salary • UCRP without Social Security – 25%-50% of final salary (based on # of eligible survivors) *See Summary Plan Description for difference between Survivor and Surviving Spouse 30
UCRP Death Benefits Beneficiary • One-time payment to beneficiary upon Member’s death – The greater of: • $7,500, or • $1,500 plus one month’s final salary – Active Members only--UCRP entry before 10/1/90 – Capital Accumulation Provision (CAP) • Other Benefits – Life/AD&D Insurance proceeds – UC Retirement Savings Plans (Fidelity) 31
Page 2 and 3: University of California Retirement
Page 10: University of California Retirement
Page 16 and 17: UCRP Monthly Income Cost of Living
Page 20 and 21: UCRP Death Benefits 20
Page 22 and 23: UCRP Death Benefits Who’s Who •
Page 24 and 25: UCRP Survivor Income Benefits Post-
Page 26: University of California Retirement
Page 32 and 33: UCRP Disability Benefits 32
Page 34 and 35: UCRP Health Benefits 34
Page 36 and 37: UCRP Monthly Income Health Insuranc
Page 38 and 39: 2013 Retiree Net Cost Based on UC C
Page 40 and 41: UCRP Monthly - Income Other Insuran
Page 42: Resources ‣ Contact UCSF HR/Benef

2013 UCRP Faculty Pre-Retirement Workshop ... - Academic Affairs

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