What the UC Pension Plan Proposed Changes Mean

Update: To listen to the September 13, 2010 Subversity show with our interview with Bob Samuels, click here:
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The University of California is currently proposing to offer a reduced pension plan for new hires joining UC after July 2013, while making current employees contribute more towards the plan.

One critic of the new proposals is UC-AFT president Bob Samuels, who has been blogging about it. His latest two blog entries state his position bluntly:
UC Offers New Pension Plan to Re-Distribute Wealth to the Top and Let the Great Pension Scare Begin.

We talk with Samuels about what he means during the first half of the next Subversity show on KUCI, 88.9 FM in Orange County, California, broadcasting Monday, 13 September 2010 at 5 p.m., with a simulcast on kuci.org. Show host is Daniel C. Tsang.