USS trustee greenlights union proposals for reform

Comes after UCU submitted alternative proposals to employers last month

Hope William-Smith
clock • 2 min read
USS trustee greenlights union proposals for reform

The Universities Superannuation Scheme’s (USS) trustee has confirmed there is no operational impediment to implementing the University and College Union’s (UCU) proposals to plug the deficit in the scheme through a large rise in member contributions.

UCU submitted alternative USS proposals to employers on 26 January in a bid to mitigate strike action due to begin at 44 universities on Monday. The union yesterday afternoon (10 January) said t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: PMI appoints data insight partner

Tender Watch: PMI appoints data insight partner

Mortality Monitor webinars will help with member information, modelling, mortality rates and de-risking

Professional Pensions
clock 11 November 2024 • 1 min read
Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Partner Insight: £ Billion+ transactions - driving innovation across the risk settlement market

Mike Edwards, Partner, Aon
clock 06 November 2024 • 5 min read
Mixed industry views on DB run-on, SPP finds

Mixed industry views on DB run-on, SPP finds

SPP and APL survey of pension professionals finds minority think run-on is viable long-term strategy

Jasmine Urquhart
clock 23 October 2024 • 1 min read
Trustpilot