The contact person here is Steve Rocha. By the end of this year or the beginning of the next, drafts of the new plan will be sent to all campuses, soliciting input. Retirement plans were discussed. There have not been many new developments. The Fringe Benefits Committee was against the new proposal and felt it would weaken the retirement program.
System supports an amended motion.
They're using the amendment to leverage improvements to the current retirement program. Vice Chair Burns passed out a sheet concerning the retirement plan bill and the questions System felt were unanswered. System is planning to create a Center for Learning Innovation to support UW institution's faculty and staff. The Center would offer faculty and staff consultation, training, and support, market assessment coursework production and development, marketing and distribution and online services to the students, faculty, and staff of the UW System institutions. In order to build financial security and service capacity, the Center would also provide consultation, training, and production on a contract basis to external organizations.