Tuesday, March 15 2016

TO:      The UCSB Campus Community
FR:       Lisa Romero           
               Benefits Manager
               Human Resources/Benefits
RE:       UC Retirement Readiness – New Tool and Resources

Here are several new tools and resources designed to help you plan, save and invest for retirement.

myUCretirement.com
The UC Focus on Your Future website has been renamed and revamped to the new myUCretirement.com. UC Retirement System website is now easier to use and smartphone-friendly. Take a look around the site and see how easy it is for you to track your personal financial progress toward retirement.

2016 Retirement Review
Sign in to myUCretirement.com to see your updated Retirement Review.  The Retirement Review features your retirement readiness score, which is the percent of your current salary that you are on track to receive from UC retirement system sources:  UCRP and Retirement Savings Program.  Also available is a modeling tool that allows you to explore the impact of different retirement scenarios.

The Retirement Review is only available to employees who are eligible for UC Retirement Plan (UCRP) benefits. Readiness scores could not be generated for Multi and 2013-A tier members, but those members can go online and create scores by entering their information into the modeling tool.

If you have questions about the Retirement Review, call the UC Retirement Savings Program Service Center at 866-682-7787 for assistance.

Preparing for Retirement – Webinars and Video
Presented by representatives from the Retirement Administration Service Center (RASC), this webinar for UCRP members considering retirement from UC within the next five years, covers topics such as understanding the UCRP pension benefits, retirement savings and retiree health coverage.

The webinar will take place on the second and fourth Tuesday of every month from 10:00am to 12:30pm.

Go to UCnet for the schedule of upcoming webinars and instructions on how to logon to webinars.

A video of the Preparing for Retirement presentation can also be viewed on UCnet.

If you have questions about retirement, call the UC Retirement Administration Service Center (RASC) at 800-888-8267.