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UC Payroll Release Distribution Notes

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Date:
Wed, 13 Jun 2012 04:45:23 -0700
Reply-To:
UC Payroll Release Distribution Notes <[log in to unmask]>
Subject:
Request For Approval - R2034 - Implement the UCRP rate increases
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UC Payroll Release Distribution Notes <[log in to unmask]>
From:
Christopher Scott <[log in to unmask]>
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This release is an update to the UCRP contribution rates to the UC Pension Plan.
  
These transactions to update the Benefits Rates Table (Control Table 14) to reflect the UCRP rates that were agreed upon by the University of California (UC) Board of Regents on September 16, 2010.  The new rates are effective July 1, 2012.

the supplied BRT update only addresses the systemwide bargaining units.  Locations will need to add transactions 
as necessary for their local bargaining units.

Timing:
The transactions must be applied to the control tables prior to the first compute for July 2012 earnings (i.e., the BW ending July 7 and computing on or about July 12) and after June Payroll processing.

Please approve installation at your earliest convenience.

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