Universities Superannuation Scheme (USS)
Defined Benefit
60-day consultation set to begin as USS trustee chair says price of certainty more expensive
06 September 2021
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2 min read
Defined Benefit
Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
03 March 2021
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5 min read
Defined Benefit
Michael Bromwich says USS’ 2020 valuation ramps up prudence, but perhaps unjustifiably, resulting in higher contributions.
03 February 2021
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5 min read
Law and Regulation
The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.
20 January 2021
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4 min read
Defined Benefit
The University and College Union (UCU) has announced a further 14 days of strike action at 74 UK universities in a continuing dispute about pensions and pay.
04 February 2020
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2 min read
Appointments
Universities Superannuation Scheme (USS) has appointed Dame Kate Barker as its trustee chair-elect after Sir David Eastwood announced his retirement.
21 January 2020
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1 min read
Defined Benefit
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.
18 September 2019
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3 min read
Defined Benefit
Universities across the country are on alert for fresh strike action as the University and College Union (UCU) prepares to ballot members.
01 July 2019
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2 min read
Defined Benefit
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
21 May 2019
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3 min read
