April 18, 2003

Union Sues U. of Calif. to Disclose Performance of Retirement-Fund Investments

Is it right for a university to hide the performance of its investments from the very people who are counting on the returns?

A union representing 18,000 University of California employees has sued the institution to compel it to reveal information about the university's investments for its retired workers.

The lawsuit, filed this month in a California superior court by the Coalition of University Employees, says the university is violating the California Public Records Act by

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