[{"_1":2,"_112":-5,"_113":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6041368,"mediaKeyId","3724115-3af09bfe562d9ef608235c3a977a4a70","parentId",3724115,"title","Children’s Hospital Oakland staff tell UC regents UCSF integration would cut pay, strip union","audioSeconds",560,"startMs",485000,"endMs",1045000,"viewUrl","/Search/View?dp=1&key=3724115-3af09bfe562d9ef608235c3a977a4a70&start=485&end=1045","thumbnailUrl","https://assets.pipeline.soar.com/3724115-3af09bfe562d9ef608235c3a977a4a70/thumbnail_485000.jpg","articleUrl","/articles/6041368/California/Childrens-Hospital-Oakland-staff-tell-UC-regents-UCSF-integration-would-cut-pay-strip-union","mediaUrl","https://secure.pipeline.soar.com/6041368-ca3c8d52937be0bd290c5e11d6a58ed9/orig.mp4?Expires=1770966670&Signature=O1Gmqvz42ckDNCyB3OqGAoZKW3oJ5pIdVSZ8Z7i5H6XkjImTHuBxuOwsxHnL3zcGIm90bFAipwEW262pSiVnh3AHCcVAp1lUjeuQYhLsvVzQN44Ahe~9Er3zQ8~ZlheveQNny473LLRMKh68qv6uwxUtlfJyz74ZkXiEmEyjcwCbUKSIBif14~kwrrFSc4Mj63H0QWcsrj4HWO33gyNpxRpgTdcSdw7E3FfOo2xxUNUxsNivmBGajL2KHHYksmzLSCESK34ZklIjTXIJlndTxM3vlnuGIScQRnLZ-B5-9abrSJOkIk6KsACjyNKURpHnWxRSoCzTQ0baaa7W-xX~Xg__&Key-Pair-Id=KUT5TJCACFTXG","author","University of California","date","2025-05-11T00:00:00Z","article","Staff and union representatives at Children’s Hospital Oakland told the University of California Investment Committee on May 13 that a planned integration with the University of California, San Francisco would cancel their contracts, reduce take-home pay and threaten patient access.

The complaints came during public comment, where Fran Meriwether, a social worker at Children’s Hospital Oakland, said, “This integration promises a pay cut to dedicated and committed employees, many of whom will suffer greatly because of the higher health care and retirement course.”

The comments matter because the speakers said the proposed affiliation would change employee terms of employment while ownership, licensing and funding would remain the same. That, they said, would transfer Children's Hospital Oakland employees onto UCSF payroll and benefits, which speakers asserted would produce lower net pay and remove representation by their chosen union, the National Union of Healthcare Workers (NUHW).

Multiple employees detailed how the change would affect households and patient care. Stephanie Lamho said the plan “would cancel my union contract, force me and my 1,300 coworkers out of our union, and leave us with significantly less take home pay as direct UCSF employees.” Peggy Buscher, a retired social worker and former NUHW steward, said UCSF has “informed our employees that they will no longer be represented by NUHW and that they will have the same base pay, but will have to shoulder the cost of the medical benefits as well as their pension contributions, which results in an average loss of take home pay of 7,000 per year.” Mario Lopez said the change could reduce his monthly pay by “approximately $600” and described wider impacts on commuting and living costs.

Speakers described operational and service risks tied to staff turnover and reduced morale. Griselda Chavez, an infant development specialist, said the integration “will negatively affect them by them losing beloved staff and personnel” and warned that specialty services could be centralized in San Francisco, reducing access for Oakland and East Bay families. Carla Sagramoso, a clinical psychologist and union steward, told regents she viewed the proposal as a unilateral attempt to override existing bargaining relationships and called the move “duplicitous.”

Speakers said grievances and legal filings have been initiated. Buscher said UCSF “has refused to bargain contracts with the 2 bargaining units whose contracts have expired” and that mediation requests have been denied; she described those actions as the subject of filed grievances. Commenters repeatedly urged the regents and staff to oppose the integration or to require UCSF to bargain with the existing unions before any changes affecting employees take effect.

The Investment Committee hearing did not include a vote or formal action on the Children's Hospital–UCSF integration. Committee members received the public comments; no staff report or committee motion on the affiliation occurred during the meeting.

Speakers and advocates said they will continue to press the issue with the university through filings and public comment.

","mediaType","Video","parentTitle","Investments Committee 2025-05-11","oneSentenceSummary","Staff and union representatives at Children’s Hospital Oakland told the University of California Investment Committee on May 13 that a planned integration with UCSF would cancel their contracts, reduce take-home pay and threaten patient access.","taxTitle","University of California, Boards and Commissions, Executive, California","taxId",76757,"location","California","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6041358,"UC employees press regents for higher pay, stronger staffing and better hospital security",1152,253000,1405000,"/Search/View?dp=1&key=3724115-3af09bfe562d9ef608235c3a977a4a70&start=253&end=1405","https://assets.pipeline.soar.com/3724115-3af09bfe562d9ef608235c3a977a4a70/thumbnail_253000.jpg","/articles/6041358/California/UC-employees-press-regents-for-higher-pay-stronger-staffing-and-better-hospital-security","https://secure.pipeline.soar.com/6041358-be6e911e10550a2dce7f7c390fcde301/orig.mp4?Expires=1770966670&Signature=Wsm7G1v7mVYb043u49uLvjayU~6QA8QGRqUY7OPhv9w0-pCzyenXCz7RN7oBJtgA1cVRTs1R7ezCZokv1hYbNvf2yFU1ytrjqdGRhQwfRyU6t4qYwJ~Tvk-3kR5klLZMhN-osHcPe0TYJdQwMVLUNeejK10ap1ifYrx1lKluGovxnZjQfwlu3pce2I1eTeIfD4S425yRC6SuYtzjb-96UDQ0rSv9r1M6evrjXZdVB~3qWiXSf82RIzaxa7xVqx8qM7-aYKUpI6M7s8lLcMJkiecSQAOLdOUK3gis6Gwtr0ftwTnHRZGM2ban7SUKRMlmUANhCUO7QshewJqZDQP5MA__&Key-Pair-Id=KUT5TJCACFTXG","Several University of California employees and alumni used the Investment Committee public comment period on May 13 to press the regents for higher pay, staffing protections and stronger on‑site security at UC hospitals and regional operations.

Elena Suprun, a financial service analyst at UC Agriculture and Natural Resources, described a recent promotion to analyst work that she said carries greater responsibility without commensurate pay. “My pay now is less than it would have been if I have stayed with the union position,” Suprun said; she and other analysts told the committee they are negotiating pay scales as newly represented Teamsters members and asked regents to direct negotiators to address so‑called “red‑circling” and below‑market starting salaries.

Marissa Balter, a 14‑year financial service analyst at UC Santa Barbara and new Teamsters member, said experienced analysts see new hires earning as much or more than long‑term staff, producing morale and retention issues in high‑cost regions such as Santa Barbara County. Colby, a UC Santa Cruz alumnus who spoke about student mental‑health services, urged the university to “invest in its frontline staff” to prevent service shortfalls that he said contributed to student dropouts.

Registered nurse Michelle Binkley, who works at UCSF’s Parnassus campus, raised security and staffing problems at UCSF hospitals. Binkley described limited weapons screening and sparse overnight security presence at some facilities and said recent staffing‑grid changes were implemented with little notice; she said emergency‑room staffing adjustments have left nurses being sent home amid uncertain ambulance demand and that “the hallways in our emergency room [are] becoming paralyzed.”

Speakers urged investment in worker pay and staffing as part of broader university budgeting and capital plans. Commenters asked the regents to prioritize bargaining commitments and stable funding for employee retention; several said they will continue to press for pay adjustments and operational protections at future meetings.

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Jagdeep Batcher, Chief Investment Officer for UC Investments, told the committee the system’s consolidated assets were near $188 billion to $190 billion and that fiscal‑year‑to‑date returns were driven by equities. “The blue and gold pool, 9.2%,” the team reported for its low‑cost indexed Blue and Gold Endowment Pool; the general endowment pool returned 7.2% and a blended total return across pooled portfolios was approximately 7.6% fiscal‑year‑to‑date as of the meeting.

Batcher and his senior team framed the committee’s priorities as liquidity management, measured private‑market exposure, and attention to macroeconomic risks. The investment office said the UC portfolio is about 10 percentage points underweight to private markets relative to prior allocations; the private equity portfolio was stated at roughly $17 billion. The office described that underweight position as advantageous for liquidity given recent secondary‑market activity across other endowments.

Speakers on the investment team emphasized the role of liquidity and the retirement savings program when discussing participant behavior. Marco Mers, who co‑heads UC’s retirement savings work on the public equities side, said the retirement savings program remains large relative to other public plans and that participant voluntary savings have edged down from about 11% to roughly 10.5%, though total average employee savings remains near 17–18% when automatic and voluntary contributions are combined. The team noted the retirement savings program is one of the country’s largest after the federal Thrift Savings Plan and reported an average management fee of about 0.05% on core plan funds compared with a 0.49% industry average cited by staff.

On risks, fixed‑income and macro staff warned about potential inflation persistence tied to tariffs and services‑sector dynamics. Satish Swamy said markets’ bond yields indicate skepticism that inflation will quickly fall to 2%; staff presented scenarios in which tariffs contribute to stickier inflation and slower growth, which could complicate Federal Reserve policy.

Panelists advised a “stay the course” posture for long‑term savers. The team said active rebalancing and limited tactical changes had occurred recently; the investment report noted a modest tactical reduction in small‑cap equity exposure in the most recent quarter and maintained a cautious stance on new private commitments. The office also highlighted the Blue and Gold Pool’s role as a liquid buffer: staff said the pool has grown to roughly $7 billion and has provided capital to campuses during prior stress events.

The Committee received the report; no investment policy vote or reallocation motion was taken during the May 13 session.

","The University of California’s investments leadership reported steady fiscal‑year performance and outlined portfolio positioning and risks at the Investment Committee meeting on May 13.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6041366,"Students, staff and community urge UC to divest from weapons makers over Gaza",577,656000,1233000,"/Search/View?dp=1&key=3724115-3af09bfe562d9ef608235c3a977a4a70&start=656&end=1233","https://assets.pipeline.soar.com/3724115-3af09bfe562d9ef608235c3a977a4a70/thumbnail_656000.jpg","/articles/6041366/California/Students-staff-and-community-urge-UC-to-divest-from-weapons-makers-over-Gaza","https://secure.pipeline.soar.com/6041366-40026d1d41f7ed59733a97b8b831d0a0/orig.mp4?Expires=1770966670&Signature=fyIgxZSX~rCZrVbp1PtYiKdeAGd6D0xqVtZJxNJRLuoUkXqXeNusqxWNiARc2PhnuS2jFnD2Gt0sDzlIjrw97oqUR4Kv0KI1eO1h4bAL8DQXaIa0DIRZe3M3gOgdJbktA3e3KBqYIFkLJiEYOoiehO50nMzhKqfHmSWkvu1DczzMCOlhQMWE4xFULFM2oTtVBj56lz7F3O6mbFmiOOUO-TsKCIz3cTMut9ztLvsk-RtEbYnpt-quhRpsHAUHY-BS5UOpxhRcck90Qhxf9OS3SLDHCKVa-yFdOtXS2YeOMskKdZU7fXTxFsL4OKT~pdJgevBKIot1SXN3V1zv9NuqTQ__&Key-Pair-Id=KUT5TJCACFTXG","Students, staff and community members told the University of California Investment Committee on May 13 that the university should divest from companies they said supply weapons used in Gaza and other conflicts.

The public comments were emphatic and repeated across multiple speakers. Ruhan Kadre said, “We are demanding the UC completely divest from companies who fuel Israelis genocide of Palestinian people.” Student speakers and community advocates cited systemwide investments and called for immediate action by the regents.

Several speakers asserted the university holds billions in defense-related investments. Lily Grodzins told the committee, “I am calling for you to disinvest the over $3,000,000,000 you have invested in weapons,” and other speakers repeated that figure as a rationale for divestment campaigns. Commenters referenced prior UC divestment actions on South African apartheid and fossil fuels to argue for action now.

Student and community comments also described on-campus actions and protests: hunger strikes, petitions and coordinated demands across UC campuses and partner institutions. Jennifer Burke and other speakers urged the committee to “invest in them instead of investing in weapons” and noted that some local governments and institutions (for example, City of San Francisco and Alameda County) have moved to divest.

The Investment Committee acknowledged the public comments; no divestment motion or vote occurred during the meeting. Committee members heard the testimony and continued the quarter‑end investment briefing and portfolio discussion led by the UC Investments team.

","Students, staff and community members told the University of California Investment Committee on May 13 that the university should divest from companies they said supply weapons used in Gaza and other conflicts.","actionData","errors"]

Article not found

Children’s Hospital Oakland staff tell UC regents UCSF integration would cut pay, strip union

UC employees press regents for higher pay, stronger staffing and better hospital security

UC Investments reports fiscal‑year gains, flags inflation risks and liquidity advantages

Students, staff and community urge UC to divest from weapons makers over Gaza