“If not ACAS – who?” No end in sight to the USS dispute.

deus

The dispute between the University employers (UUK) and their teaching staff (UCU), shows no sign of resolution. Indeed, with students breaking for their Easter holidays, impulsion for a settlement has now reduced. There would have been little teaching done over the next four weeks, with or without a strike.

The only tangible progress I can see, since the breakdown of negotiations over the UCU/UUK agreement earlier this month, is a proposal to set up a joint board of experts.

In this context, “experts is taken to mean actuaries, though Mike Otsuka in his blog today, points out that actuaries are effectively solicitors if they can do more than reflect the entrenched views of two sides in dispute.

Perhaps this is what my boss, Hilary Salt is referring to in this rather gnomic tweet,

I am not sticking up my hand to be on any panel, let alone an expert panel (though Mike might). In any event – I am conflicted. But it is hard not to agree with about setting up this panel, expressed at the conclusion of his blog.

I think it would be better to carry on as before, in trying to push back the limits of the existing valuation in order to provide space for a proposal involving benefits that both sides can agree upon.

If we don’t continue with those efforts, we may be in for a nasty surprise in ending up with either a defaulting back to the 23 January UUK proposal of 100% IDC, which goes out to consultation, or else the following: a JNC imposition of the ACAS-mediated agreement, by UUK and chair’s casting vote.

There is no silver bullet in the setting up of another committee, there is considerable risk of one side putting itself into a corner. A solution that emerges from a “deus ex machine” will not last unless there is total confidence in that “deus”.

Perhaps thoughts should turn to this question – “if not Acas- who?”

 

About henry tapper

Founder of the Pension PlayPen, Director of First Actuarial, partner of Stella, father of Olly . I am the Pension Plowman
This entry was posted in pensions, USS and tagged , , , , . Bookmark the permalink.

2 Responses to “If not ACAS – who?” No end in sight to the USS dispute.

  1. John Mather says:

    Henry
    In answer to your question:-
    They need an IFA
    Have a great weekend
    John

    Liked by 2 people

  2. C Jenkins says:

    Taking up your analogy with solicitors, litigation solicitors representing opposing clients can and do settle disputes out of court all the time by talking to each other and finding mutually acceptable terms of settlement, taking jn to account each side’s assessment of their prospects of success and the costs of fighting on. Is there no comparable sensible role for actuaries here?

    Liked by 2 people

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s