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UC Regents Approve Loans and Withdrawals from UC Retirement Savings Program Plans for Those Impacted by COVID-19

On May 21, 2020, the UC Board of Regents voted to implement provisions of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) designed to make it easier for participants to access funds from their retirement savings plans. These optional provisions required approval from the Regents, who are responsible for overseeing the UC Retirement...
By UCR Human Resources |