Audit: UC regents hid details on pay

first_imgBERKELEY – An independent audit into how the University of California system pays its leaders found that administrators kept some details of compensation packages from the public and its own governing board. The report, released Monday, also found that officials didn’t always give the full picture to tax officials, omitting taxable compensation on some employees’ W-2 forms. UC administrators and the system’s governing Board of Regents, who met in special session by teleconference to discuss the audit Monday, said the breakdowns are a problem that has to be solved. “Time is of the absolute essence if we are to restore the public’s trust,” said board Chairman Gerald Parsky, who noted that Monday’s meeting was the board’s second special session on pay in two weeks. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventThe audit, conducted by PricewaterhouseCoopers at the request of UC regents, follows published reports that UC quietly paid millions in bonuses and other benefits beyond executives’ publicly reported salaries at a time when student fees were going up due to state funding cuts. The revelations, first reported by the San Francisco Chronicle, have prompted legislative hearings and a number of investigations. In general, the independent audit found that administrators sought approval from the regents for items such as salaries and incentive pay. But officials didn’t tend to get regents’ approval for such things as automobile and relocation allowances. And in some cases, officials paid or promised benefits that were exceptions to UC policy – set more than a decade ago after a previous uproar over executive pay – without informing regents. UC leaders say their executives’ salaries are in many cases below what comparable institutions are paying and contend that they have to stay competitive. However, they acknowledge they haven’t been clear about explaining who’s getting what and why.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more