Greetings;
As expected the new UCRS retirement tier for 2016 has been completed and release for install as of July 1, 2016.  The rather extensive discussion of the implementation are included in the letter accompanying the release, which may be found at http://payroll.ucop.edu/REL2016/R2230/letter.pdf.

Highlights of the release:
1) Employees eligible for this new pension tier will have a choice between a “Defined Benefit” plan and a Defined Contribution” plan. 
2) Employees will have an election period during which they can choose one of the plans.

Technically this is a highly complex install with hard dates associated with your end of June 2016 Monthly Maintenance.  As such we will be reaching out to request the following:
1) GTN Priority values for the new GTN being added for the release.
2) New Objects and FAU for expense distribution.

Please work directly with your campus support on these items.

As always, if you have questions, comments or concerns please let us know.

Our current schedule for implementation is as follows, and we need your approval for install before these dates.
June 22, 2016 - ASUCLA
June 24, 2016 - UC San Diego
June 27, 2016 - All other hosted campuses.

Thanks!