Alcalá View 1986 3.4

Retirement plans a • wise investment In the fa ll of 1985 USD gave employees a choice in retirem ent plans when Scudd e r . Ste vens and Clark was installed as an alternate to TIAA-CREF Dr. Judi th Munoz. director of Human Resources, an- swers som e common ques- tions about the re tirem en t plans. Why do we offer two choices? Ma ny of our employees were conce rn ed a bout the p e rfo rm a n ce o f TIAA- CREF'. the a dequacy of its inves tm e nt produ c ts a nd the nex ibility of its reti re- m en t options. They wa nted a n opp o r t uni ty to invest their retirem ent fund s in a no the r m a nne r. What is the differ- ence between TIAA- CREF and Scudder? Th e t wo comp a ni es Teach e rs Ins u rance Annu- ity Associa tion (TIAA) a nd the Co llege Re tireme n t Eq- u ity Fun d (CREF') co m- bin ed a re the la rges t pri- (Please see n ex t p age) By Dr. Judith Munoz

Center • move-in nearing T h e Uni ve rs ity Ce n - te r will be ready for occupa n cy in early Dece mb e r. acc ordin g to John Zeterberg. direc tor of Physica l Pla nt. " Howeve r: · he a dd s. " the buildin g wo n' t be in full use until th e e nd of Inter- session (J a nua ry 23). This pe riod is needed to g ive de- pa rtme nts moving into the Cente r a bout s ix weeks to ge t orga ni ze d a nd to ·sha ked own· th e buildin g a nd its equipme nt." Among the offi ces to be located in th e Ce nte r a re Stude nt Affa irs· a dmin is - tra ti ve units. Campus Min - is try. Assoc ia ted Stude nts. s tud e nt pu b li ca ti o n s a nd Dinin g S e r v ices. Dinin g room s fo r fac ul ty/sta ff a nd st udents. as we ll as othe r s pecialty dining a reas. a lso will b e locate d in th e building . Cente r co ns truc tion o ri g- ina lly was sched ul ed to be compl eted by t h e e nd of Oc tobe r. Th at date was moved back wh en fini s h- ing wo r k on t h e buil d ing too k longer th a n a nti ci- p ated. acco r d in g to Ze te rbe rg. " It (the Cen te r) is by fa r th e m os t com p lex st ru c-

Jill Gallagher purrs he r way to first pri ze in Ha lloween Cos tume Contes t.

lure we have e rec te d o n ca mpu s in th e las t te n years: · h e no tes. " But in the long run I be lieve it will be one of the most sa tis fy- ing lo the campus commu- nity in te rms of its fun c- tion a lity a nd aesthe tics." La nd sca pin g . c urb in - s ta ll a ti o n. compl e tion o f pa rkin g lo ts aro und th e Cen te r. a nd resurfac ing of Ma ri a n Way nea r t he build- ing a re among th e tas ks ex - p ec te d to be compl e te d durin g th e Int e rsess io n pe riod. Afte r de pa r tm en ls a re re-

located to the Cente r. a n- othe r seri es of offi ce reloca- lio n s a nd r e nova ti o n proj ec ts will begin - a ffect- ing the space vaca ted by depa r tm e nts re located to the Center. "I t w ill be like a se ries of fa lling dom inoes." Ze ter- berg says. "It will ta ke two or three yea rs before a ll th e seco nd a nd t hird li e r moves resu lting from t he Uni ve rs i ty Ce nte r c on- s t r u c ti o n a r e com- pl e ted ." • (More next issu e)

November 1986

USD Employees Newsletter

Vo l . 3, No. 4

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