U Of California President To Act On Executive Pension Demand

Ann McClure's picture
Thursday, March 29, 2012

University of California President Mark Yudof, who spoke out last year against a threatened lawsuit by 36 executives demanding fatter pensions for UC's best-paid employees, will ask the regents on Thursday to rescind the 13-year-old policy that began it all.

The legal threat has been dormant for more than a year after an unusual alignment of students, faculty and politicians on the left and right joined Yudof and Regent Russ Gould in denouncing the idea of using public money to pad the wallets of the wealthy.

But it may be stirring to life again. The Board of Regents will meet privately today to talk about the potential litigation.

Chris Edley, dean of the UC Berkeley Law School, is among the executives who threatened to sue UC.

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