Retirement Benefits and Saving Program
UC offers a comprehensive array of retirement benefits, saving programs, educational and counseling resources to help plan for retirement.
|Primary Retirement||Voluntary Retirement Saving Program|
|UC Retirement Plan (UCRP)||Defined Contributions Plan (DCP)||457(b) and 403(b) Plan|
|Summary||UCRP provides retirement income for eligible survivors of beneficiaries. Benefits are determined not by contributions to the Plan, but by defined formulas that vary according to the type of benefit payable. Visit UCRP, for more information.||Defined Contribution Plan (DCP) on a pre-tax basis. Contributions to the DCP Pre-tax account are mandatory for those faculty and staff not earning service credit in UCRP. No vesting required. DCP Pre-tax contributions belong to the employee but may not be withdrawn until an employee separates from the University of California. The employer does not contribute to this plan.||The 457(b) and 403(b) Plan is a tax-deferred voluntary retirement savings plan to which the employee may choose to contribute. Participation in the plan can begin at any time. Contributions may be invested in a variety of ways that you choose.|
Pension Choice: UCRP Pension Benefits Supplemental 401(k) style component
Saving Choice: A stand-alone 401(k) style account
Defined Contribution Plan (DCP) Pre-tax or After-tax
A saving and investment plan for mandatory pretax contributions for certain members, voluntary after-tax contributions and rollovers
Tax-Deferred 403(b) Plan
457(b) Deferred Compensation Plan
A saving and investment plan for voluntary pretax contributions and rollovers
Hired on or after July 1, 2016
Faculty or career staff appointment with 50% time or more in a rolling, continuous 12-month period.
ineligible position and then become eligible after completing 1000 hour or 750 hours requirement or obtain an eligible faculty or career staff appointment.
Rehired on or after July 1, 2016
eligible career and faculty appointment after a break in service between one and two months
Saving Choice Participants
Pension Choice Participants (who are eligible for supplemental DC Plan account)
Safe Harbor Participants
Summer Salary (paid prior to Nov 1, 2016)
All UC employees
|Who to contact||
Retirement Service Center (RASC)
Fidelity Retirement Services
Educational and Counseling
UC sponsors retirement education workshops conducted by Fidelity Retirement Services to help employees learn about investing for retirement and the steps they can take to help ensure retirement readiness. Learn more about the UC Financial Education Classes on UC’s Focus on Your Future website.
- Attend a retirement benefit classes and webinars
- Schedule a one-on-one with a personal retirement planner online or call (800)558-9182
- Contact RASC counselors by phone at (800) 888-8267 to discuss any retirement questions