Monday, January 23, 2006

Trust in UC?

Dear Doug Roberts, please post the following on your blog.

On Jan. 17, 2006 I sent the following email to UC President Robert Dynes,
obviously with litte effect.

George A. Baker, Jr.

It is in the best interests of the University to retain the best senior
scientists. Trust was slowly returning, so I was shocked to read in the Los
Alamos Monitor that you are including retirees and inactive members in the
new stand alone pension plan. This is not required by the contract which
only says that you might consider doing this. It is contrary to what we have
been told here-to-fore. (Retires would not be affected.) Also the UCRP
plan booklet has said that any vested employee has a non-forfeitable right
to receive from UCRP (and not some spin-off) a pension (and other benefits) as
described in the plan booklet. This changing of horses in the middle of the
stream strikes a blow at trust.

At the very least, I strongly urge you TO DELAY ACTION ON YOUR PROPOSED PLAN
UNTIL THE DETAILS HAVE BEEN DISEMINATED TO ALL THE PARTIES CONCERNED. IF YOU
PROCEED NEXT WEEK, PLEASE INFORM THE REGENTS THAT THE AFFECTED PARTIES HAVE NOT
HAD A CHANCE TO COMMENT ON THIS PLAN, AND THAT IT IS LIKELY TO CAUSE MANY SENIOR
PEOPLE TO CASH OUT AND SEEK JOBS ELSEWLHERE.

I am cognizant of the rule that I may communicate with the Regents only through
you.

Comments:
Might I suggest cashing out and seeking a job elsewhere works just fine as far as the pension and LANS are concerned?

You have just cut DOE's liability for retiree health care costs, lost credit for your accrued sick leave (thereby erasing a liability from the books), and removed a liability from the plan as well.

As far senior people leaving, it seems reasonable to assume that LANS will make sure it is worth it for those they want or need to return. In view of looming budgetary issues, a 5-10% reduction in headcount gives LANS some breathing room.
 
It would be nice if you composed your message where you could use a spell checker before you sent it. Spelling and grammar errors detract from the message.
 
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