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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><a name="_Hlk161057670"></a><a name="_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><img width="197" height="75" id="Picture_x0020_4" src="cid:image001.png@01DB97EF.A81CCFC0" alt="A blue text on a black background
Description automatically generated"></span></span></a><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p></o:p></span></span></span></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><span style="font-size:6.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></span></span></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><o:p> </o:p></span></span></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><o:p> </o:p></span></span></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">March 18, 2025<o:p></o:p></span></span></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"><o:p> </o:p></span></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;line-height:normal">
<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">To:<o:p></o:p></span></span></p>
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<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"></span></span>
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<p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:3.0pt;margin-left:0in;line-height:normal">
<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">Department Benefits Representatives (DBRs)<o:p></o:p></span></span></p>
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<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"></span></span>
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<p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:3.0pt;margin-left:0in;line-height:normal">
<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">From:<o:p></o:p></span></span></p>
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<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"></span></span>
<td width="626" valign="top" style="width:469.4pt;padding:0in 0in 0in 0in;height:19.95pt">
<p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:3.0pt;margin-left:0in;line-height:normal">
<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">Central HR Benefits Office on behalf of UC Office of the President<o:p></o:p></span></span></p>
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<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">Re:<o:p></o:p></span></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:6.0pt;margin-left:0in;line-height:normal">
<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670">UCRP - July 1, 2025, Annual COLA Information for UCRP and UC-PERS Plus 5 Plan<o:p></o:p></span></span></p>
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<span style="mso-bookmark:_Hlk161058449"><span style="mso-bookmark:_Hlk161057670"></span></span>
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<span style="mso-bookmark:_Hlk161057670"></span><span style="mso-bookmark:_Hlk161058449"></span>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal">DBRs, please share this information via your internal listserv.
<b><u>Do not reply to this mail.</u></b> Please send a separate email with questions to
<a href="mailto:benefits@ucr.edu">benefits@ucr.edu</a>.<o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal">UCOP offers the following information regarding the annual Cost of Living Adjustments for the UC Retirement Plan.</p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><u>Annual Annuitant COLA for UCRP and UC-PERS Plus 5 Plan Members</u></b><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal">For the following Retirement or Disability Dates, the July 1, 2025, cost-of-living adjustment (COLA) for UCRP and UC-PERS Plus 5 Plan annuitants or benefit recipients will be:<o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <o:p></o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="611" style="width:458.35pt;background:white;border-collapse:collapse">
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="color:black">Retirement or Disability Date</span></b><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="color:black">UCRP COLA</span></b><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="color:black">UC-PERS Plus 5 COLA</span></b><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="color:black">On or before July 1, 2024</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="color:black"> 2.00%</span><o:p></o:p></p>
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<td valign="bottom" style="padding:0in 5.4pt 0in 5.4pt;height:21.5pt">
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="color:black"> 2.00%</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <b><u>Adjustment to HAPC for Inactive UCRP Members (“Inactive COLA”)</u></b><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b> </b><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal">For the following separation dates, the July 1, 2025, Inactive COLA on the HAPC for UCRP Inactive members with 1976 Tier service credit, Safety or Tier Two members will be:<o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <o:p></o:p></p>
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<td valign="bottom" style="padding:0in 5.4pt 0in 5.4pt;height:16.9pt">
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="color:black">Separation Date</span></b><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="color:black">UCRP COLA</span></b><o:p></o:p></p>
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<td valign="bottom" style="padding:0in 5.4pt 0in 5.4pt;height:16.9pt">
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="color:black">On or before June 27, 2025</span><o:p></o:p></p>
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<td valign="bottom" style="padding:0in 5.4pt 0in 5.4pt;height:16.9pt">
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="color:black"> 2.00%</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"> <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal">On March 30, 2025, the 2025 Inactive COLA information will be in production in Redwood and UCRAYS and used for calculations for retirement dates on July 1, 2025, and later. <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><img border="0" width="759" height="974" id="Picture_x0020_1" src="cid:image002.png@01DB97EF.A81CCFC0"></p>
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