The deal prevents a two-tiered pension system that pushes back retirement with similar benefits for workers by five years. Workers would kick in an additional 1 percent to the pension plan in July to the standard contribution of 8 percent.
The UC system also has reached agreements with unions representing nurses, lecturers, librarians and police officers in the past two months.
CapRadio provides a trusted source of news because of you. As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.