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

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University of California<br />

<strong>Retirement</strong> Plan (<strong>UCRP</strong>)<br />

‣ Defined Benefit Plan (Pension)<br />

‣ Enrollment is Automatic for <strong>Faculty</strong> with<br />

Full Benefits:<br />

‣ Must be in an eligible appointment at 50% or more for a<br />

year or more<br />

‣ You are ‘Vested’ when you accrue 5 full<br />

years of <strong>UCRP</strong> Service<br />

Enrollment continues until there is a break in<br />

service<br />

5

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