UC conducts periodic audits, along with other methods, to ensure that UC Retirement Plan (UCRP) payments are paid only to those who are eligible to receive them.
Currently, UCRP pays out $3.3 billion annually to 76,000 benefit recipients throughout the world.
In the coming months, UC will send randomly selected UCRP benefit recipients a packet with instructions on how to verify eligibility. Secova Inc., which specializes in ensuring compliance with plan eligibility rules, will administer the program for UC. Secova representatives will be available to respond to any questions and provide assistance, if needed. Contact information will be included in the packets sent.
If you receive a packet, it is important to provide the requested information (including a notarized affidavit) to ensure your benefit payment is not interrupted. If you do not receive a packet, no action is required. We appreciate your participation in this process.