The Universities Superannuation Scheme (USS) is expected to submit its 2018 valuation to The Pensions Regulator in the coming days, despite admitting it is “pushing their limits” in terms of acceptable risk.
The University and College Union (UCU) has rejected a call from university employers that would have forced the union to ban strike ballots over pensions for two years.
Universities across the country are on alert for fresh strike action as the University and College Union (UCU) prepares to ballot members.
The trustees of the Universities Superannuation Scheme (USS) have set out three potential funding arrangements as the £64bn defined benefit (DB) section of the plan seeks to agree a 2018 valuation.
The Universities Superannuation Scheme (USS) is being pressed to ignore advice from a joint expert panel, which would store up problems with "pernicious consequences" for the higher education sector.
Too much weight was placed on a test determining the manageable distance to self-sufficiency within 20 years for the Universities Superannuation Scheme (USS), a joint expert panel has concluded.
The trustees of the Universities Superannuation Scheme (USS) have proposed raising total contributions by 41% by April 2020.
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
Just over half (52%) of Unison members voted to accept a pledge to keep defined benefit provision in the Universities Superannuation Scheme (USS) until at least April 2019 in an "above-average" turn-out.
Staff at universities across the country are to end strike action after accepting the latest offer on the Universities Superannuation Scheme (USS).