Teamsters Local 2010 Secretary-Treasurer Jason Rabinowitz told the UC Retirement System Advisory Board on Wednesday, Oct. 23 that an increase in the employee contribution to retirement investment accounts is “unacceptable” and that our Union is “firmly opposed … to what amounts to a pay cut for our members.”
When our Union learned back in August that the Regents wanted UC employees to pay for the University’s mismanagement of our pensions, members sprang into action, speaking in opposition at the September Regents meeting, making clear that any contribution increase will be a heavy burden for UC employees already struggling with the runaway growth in California’s cost of living.
We continue to gather signatures on our Say No to the UC Regents Money Grab petition, which already has thousands of signers. And we’re collecting worker stories of how this cut in pay will affect you and your household. If you have not yet submitted your story, please do so by clicking here.
“Working people are tired of being soaked every time Wall Street executives and the rich mismanage our funds and then come to working people and ask us to pay the bill. We’re not going to pay the bill.”
— Jason Rabinowitz, Secretary-Treasurer
Teamsters Local 2010
Our sisters and brothers in AFSCME 3299, CNA, UPTE-CWA 9119, UAW 5810, UC AFT, the UC faculty, and others have joined us in condemning this unfair proposal. Union leaders have together signed a letter expressing that UC employees stand united in our opposition to the proposed increase.
Teamsters Local 2010 members plan to speak at the upcoming Board of Regents meeting at UC San Francisco Nov. 13-14. Join us in this action to fight back against the Regents’ proposed pay cut. Contact your Union Rep if you would like to participate at the Regents’ meeting.
Questions? Contact your Union Representative or Steward. You can find your Union Rep by clicking here.