The University of California Retirement System (UCRS) offers several retirement savings and investment plans to eligible UCSD employees.

• The University of California Retirement Plan (UCRP) is a defined benefit plan for eligible UC employees. This means your benefits are determined by a formula including age, salary, and years of service. The plan provides you with monthly retirement income, or you can choose to take a lump sum cashout.
  • Estimate your retirement income.
  • View the UCRP Summary Plan Description (PDF). (If you are not coordinated with Social Security, use this link: Summary Plan Desciption)
  • View your UCRP estimates and CAP balances by visiting At Your Service. (Click "Sign in to My Accounts.")
  • Many UCRP members have a Capital Accumulation Provision (CAP).

• Supplemental retirement benefits
  • The Defined Contribution Plan (DC Plan) provides supplemental retirement benefits. The plan is made up of two separate accounts:
    1. Mandatory pretax contribution account
    2. Voluntary after-tax contribution account (Enroll at Fidelity NetBenefits.)
  • The 403(b) and 457(b) are voluntary savings and investment plans designed to supplement your retirement benefits. You can choose to participate in either or both plans.
    • 403(b)
    : You make contributions on a pretax basis. Income taxes are calculated on your remaining pay, thus reducing your taxable income. Your contributions and earnings ar taxed when you withdraw the money.
    • 457(b)
    : When used with an existing 403(b) plan, the 457(b) plan effectively doubles the amount you can put into tax-deferred retirement savings.
    Note: Fidelity Retirement Services maintains participant accounts and records for these plans. See At Your Service for detailed information on Fidelity Retirement Services and on the DC Plan, 403(b) and 457(b). To enroll in any or all of these supplemental retirement benefits, log into Fidelity NetBenefits.

Financial planning assistance

• Staff Education and Development offers financial seminars and other instructional programs throughout the year.
• You can schedule a one-on-one consultation with a certified financial planner in the Benefits office. Contact Tuyet Le, (858) 822-2568.
• Review financial planning resources at UCSD.
• Read online summary plan descriptions of all retirement plans, or ask for a printed copy from the Benefits office, (858) 534-2816.

Need an expert? Contact your Benefits representative.