The University is proposing that Teamster-Represented University support staff give up their modest but fully-funded pension in favor of a retirement savings plan, a change which transfers all investment risk from the University to the employees. It also costs employees up to an additional 2% of their wages each year. Yet the University is not offering wage increases that offset the additional risk and cost. “This petition calls on the Administration to provide fair wage increases and retirement benefits to the University's support staff.”