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<p class="MsoNormal"><img width="159" height="60" id="_x0000_i1027" src="cid:image001.jpg@01DA73CC.EF2912E0"></p>
<p class="MsoNormal"><span style="font-size:6.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">March 11, 2024<o:p></o:p></span></p>
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<span style="font-family:"Arial",sans-serif">To:<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:3.0pt;margin-left:0in">
<span style="font-family:"Arial",sans-serif">Department Benefits Representatives (DBRs)<o:p></o:p></span></p>
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<span style="font-family:"Arial",sans-serif">From:<o:p></o:p></span></p>
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<span style="font-family:"Arial",sans-serif">Central HR Benefits Office on behalf of UC Office of the President<o:p></o:p></span></p>
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<span style="font-family:"Arial",sans-serif">Re:<o:p></o:p></span></p>
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<b><span style="font-family:"Arial",sans-serif">UCRP - New Factors for Alternate Payment Options and Lump Sum Cash Out
</span></b><span style="font-family:"Arial",sans-serif"><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family:"Arial",sans-serif">DBRs, please share this information via your internal listserv.</span></b><span style="font-size:9.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Arial",sans-serif">Please review the very important communication below from UC Office of the President regarding Lump Sum Cash out payment and alternate monthly retirement payment option calculation factors.
This information is essential as each member makes their own decision regarding the retirement date and form of payment election based on personal circumstances.</span></p>
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