News Headlines Article

University of California, healthcare workers’ union strike deal, end pensions standoff
Los Angeles Business Journal

The University of California appears to have reached an end to its two-year battle with the University Professional & Technical Employees union, agreeing to a framework for healthcare workers and researchers. According to a report by the Los Angeles Times, those 15,000 workers are in line for up to 13 percent increases in pay for cost-of-living over the next four years. The primary issue had been pension reform, and UC had sought to split existing benefits from the ones offered new employees, the Times said, but the union negotiated to keep the same arrangement in exchange for a 1 percent wage cut.