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The current Board of Regents is a "policy board," as a result of reforms unanimously adopted from 1957 to 1960 at the instigation of UC President Clark Kerr. Before Kerr's reforms, the regents operated as an "administrative board" (in Kerr's words) for almost a century. The board met 12 times per year and its finance committee (with full ...
University of California finances. The University of California public university system is funded through both public and private money. Some funds are given directly to each of the system's 10 campuses, while the rest are distributed through the central UC Office of the President. Support given by the state of California to its three-tier ...
Michael Vincent Drake (born July 9, 1950) [1] is an American university administrator and physician who is the 21st president of the University of California. Earlier, from 2014 to June 2020, he was the 15th president of Ohio State University. He was the chancellor of the University of California, Irvine from 2005 to 2014, and has also served ...
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The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3][4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5] and over $9.74 ...
Signs are placed in the hallway outside the UCLA chancellor's office during a protest in February calling for the UC Retirement Plan to divest from Blackstone. (Michael Blackshire / Los Angeles Times)