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Additional Information
You should periodically review your beneciary designation(s)
to reect any changes in your family situation—for example,
marriage, the birth of a child, divorce or death.
Note: To designate a beneciary for the Retirement Savings
Program (Dened Contribution Plan, Tax-Deferred 403(b)
Plan and 457(b) Deferred Compensation Plan), contact
Fidelity Retirement Services directly.
CONTINGENT ANNUITANT
You can designate a contingent annuitant at retirement when
you want to provide a monthly lifetime benet for that person.
Please note that an Internal Revenue Code regulation places a
limitation on the extent your monthly benets can be reduced
to provide for a non-spouse contingent annuitant who is more
than 10 years younger than you. As a result, some or all of the
alternate payment options may not be available for you to elect
if the contingent annuitant is more than ten years younger than
you. (See “Minimum Distribution Incidental Benet” on page 21
for more information.)
As of your retirement date, the designation is irrevocable—
you cannot name a new contingent annuitant (see “Alternate
Monthly Payment Options” on page 13).
COMMUNITY PROPERTY
If you are married or have a registered domestic partner and
designate someone other than your legal spouse or partner as a
beneciary or contingent annuitant, you may need to consider
the spouse’s/partner’s community property rights. For residents
of a community property state such as California, a designa-
tion of beneciary or contingent annuitant may be subject to
challenge if the spouse/partner would consequently receive
less than the share of the benet attributable to community
property.
A will or trust does not supersede a designation of beneciary
or contingent annuitant, nor does either supersede the Plan’s
default beneciary rules (described at left) that apply in the
absence of a valid beneciary designation.
ASSIGNMENT OF BENEFITS
Generally, UCRP benets payable to members, survivors or
beneciaries cannot be attached by creditors, nor can anyone
receiving benets assign payments to others. UCRP benets
are intended solely for the security and welfare of members and
their beneciaries and survivors.
There are some exceptions, however, in which the University
complies with the legal requirements. For example, the IRS may
attach retirement benets to collect unpaid taxes, or a court may
order certain benets to be paid for child or spousal support.
QUALIFIED DOMESTIC RELATIONS ORDERS (QDRO)
If you are divorced, the court may include Plan assets as commu-
nity property to be divided between you and your former spouse,
registered domestic partner or other dependent. In such cases,
the domestic relations order must be approved, or qualied, by
the Special Claims Unit of the Retirement Administration Service
Center as being in compliance with California community
property law and with the Plan.
The University cooperates fully with you and your spouse or
dependent, as well as your attorneys and the court in divorce cases.
Both spouses and the court have the right to request information
about the benets you earned while you were married and how
those benets are derived, as well as information about the options
available to your spouse or dependent. To release this information,
UCRS must be joined as a party to the domestic relations proceed-
ing if the proceeding will be heard in a California court. Otherwise,
the request for information must be accompanied by a signed
release from you or a valid subpoena. All requests should include
your name, Social Security number, address (or name and address
of your attorney), date of marriage and marital separation date.
For more detailed information, see the Qualied Domestic
Relations Orders Fact Sheet available on UCnet
(ucal.us/QDROfactsheet).
FURTHER INFORMATION
To help you better understand the Plan’s benets, UC Human
Resources provides personalized account information. If you
have access to the Internet, you can nd current, comprehensive
information about your UCRP account as well as any other UC
accounts you may have and make certain online Plan transac-
tions by visiting UCnet (ucnet.universityofcalifornia.edu) and
signing into your account. UCnet also contains a link to the
Fidelity Retirement Services website so you may access your
Dened Contribution Plan, Tax-Deferred 403(b) Plan and 457(b)
Deferred Compensation Plan balances.
Annual reports containing audited nancial statements are
available on UCnet or from the UC Retirement Administration
Service Center.
Summary plan descriptions are provided at hire and are also
available on UCnet or from your local Benets Oce or the UC
Retirement Administration Service Center.
You may obtain a copy of the University of California Retirement
Plan document online at ucal.us/UCRSdocuments or by writing
to the UC Retirement Administration Service Center (see inside
front cover).
Additional Information