Union clashes with managers on turnout as USS strikes resume
UCU claims ‘huge’ support but employers’ association reports ‘low levels’ of disruption
UCU claims ‘huge’ support but employers’ association reports ‘low levels’ of disruption
Biggest sector fund believes it is £1.8 billion in the black, after fears of multibillion-pound deficits led to cuts to benefits
Higher Education Policy Institute director Nick Hillman assesses the history of UK academia’s main pension scheme to ask whether it needs fundamental reform
Rising liabilities may again focus attention on whether Universities Superannuation Scheme assumptions are ‘unreasonably pessimistic’
The latest USS valuation may have been conducted amid crashing markets, but there is no escaping the need for changes, says Kate Barker
But rising inflation means that the pension scheme’s recently reported funding position is likely to be over-optimistic, says Bill Galvin
University staff will not resume a marking boycott this week after employers put forward amended plans to reform the sector’s biggest pension scheme
Our Best University Workplace Survey 2015 shows disparate opinions on the need for changes
Only 17 per cent of those enrolled in UK’s largest higher education pension scheme reported positive relationship after changes to retirement benefits
In-depth look at scheme’s finances confirms deficit has shrunk since last valuation but ‘volatile market’ means benefits cannot be improved, yet.
Amid another round of strikes, the pension scheme chair’s assertion that changes are unavoidable cannot stand unchallenged, says Neil Davies
Staff contributions will need to increase by a third to clear a multi-billion pound deficit in the sector’s main pension fund, a new analysis says.
In his article “USS strike: we can’t ignore reality of our deficit, says pensions boss” (Opinion, 19 March, www.timeshighereducation.com), Bill Galvin, the chief executive of the Universities...
Warwick statistician drops employment tribunal case without settlement
Although available information on USS finances is patchy, scope appears to remains for restored benefits or reduced contributions, says Michael Bromwich