91¿´Æ¬

91¿´Æ¬ DAVIS REPRESENTATIVES

91¿´Æ¬ Davis representatives hold seven of 27 seats on the 91¿´Æ¬ President’s Task Force on Post-Employment Benefits.

Pension Benefits Work Team:

• Lin King, director, R4 Recycling; chair, Council of 91¿´Æ¬ Staff Assemblies; and former chair, 91¿´Æ¬ Davis Staff AssemblY
• John Meyer, vice chancellor, Administrative and Resource Management
• Dan Simmons, law professor; vice chair, systemwide Academic Senate; and former chair, 91¿´Æ¬ Davis Academic Senate

Retiree Health Benefits Work Team:

• Charles Hess, professor emeritus, Department of Nutrition; and chair, Council of 91¿´Æ¬ Emeriti Associations (team leader)
• Karen Hull, associate vice chancellor, Human Resources Larry Vanderhoef, chancellor emeritus

Finance Work Team:

• Jim Chalfant, professor, agricultural and resource economics; and member of the systemwide Academic Senate’s Faculty Welfare Task Force on Investment and Retirement, and Committee on Planning and Budget

BY THE NUMBERS

Membership in the 91¿´Æ¬ Retirement Plan: 222,281

• 115,745 active employees
• 51,653 retirees and survivors
• 54,883 terminated members entitled to future benefits

Active employees’ ages:

• 11,053 60-plus
• 30,460 50-59
• 30,419 40-49
• 27,975 30-39
• 15,838 under 30
• Average 44.5

Years of service:

• 49,940 0-4
• 25,759 5-9
• 14,498 10-14
• 10,165 15-19
• 7,572 20-24
• 7,811 25-plus
• Average 9.2 years

91¿´Æ¬RP funded status:

• 110 percent 2005
• 104 percent 2006
• 105 percent 2007
• 103 percent 2008
• 95 percent 2009

Source: 91¿´Æ¬RP Actuarial Valuation Report as of July 1, 2009