Search Results for: USS

USS – thoughts from off the campus


The situation at USS is like a medieval siege, where both sides are at Parlez. The threat of violent action has not gone away, but the talking holds some hope of a resolution. Since the nuances of those talks are … Continue reading

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


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 … Continue reading

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There is no need to increase contributions to USS – Dennis Leech


Dennis Leech is Professor of Economics at Warwick University. He has written several times on the current dispute over the future of the USS, most notably here , where he asks if the USS is really in crisis and here where he … Continue reading

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“Universities accept a small amount of increased risk” – Mike Otsuka’s USS update


What this UCU proposal involves and why it is justified In a meeting with Universities UK (UUK) employers on Tuesday 27 February, the University and College Union (UCU) proposed that “Universities accept a small amount of increased risk through a … Continue reading

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“Made in Westminster” – Sean Wallis’ technical analysis of the USS “deficit”.


  Please press this link to understand the USS crisis in a new light.  Made in Westminster – Sean Wallis I don’t often re-blog; but this piece of work is so comprehensive , I think it should stand on its … Continue reading

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Oxford’s and Cambridge’s role in the demise of USS – Mike Otsuka


To be more precise: what follows is an account of the role of these two universities, and their constituent colleges, in the demise of USS as a multi-employer scheme that promises a decent, defined benefit (DB) pension to its members. … Continue reading

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Can strikes now prevent the imposition of detrimental changes on USS? – Mike Otsuka


The regrettable answer is that they almost certainly cannot Please click here — “A mandate ‘to retain a decent, guaranteed pension’” — for an important update to the post below. This UCU mandate supersedes the Manchester resolution discussed below (Mike Otsuka)   At a … Continue reading

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Aussie’s are “Super Pension Savvy” – why aren’t we?


As most people (in pensions) know, Australia has a thriving retirement savings industry that works because there is a social contract between Government, Unions and Employers to fund workers pensions at ever-increasing amounts. I don’t want to do a teach in – … Continue reading

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Risk sharing in pensions for USS employers


This paper, by LSE academics Nicholas Barr and Mike Otsuka is welcome at any time, but it is particularly welcome now, with the Work and Pensions Select Committee inquiring into CDC and USS looking for a resolution to what seems … Continue reading

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“You break it – you own it” (Mike Otsuka on “consequences” at USS)


Why employers must pay for the £2.4 bn rise in the USS deficit As USS makes clear, employers are collectively responsible for the increase in the deficit from £5.1 bn to £7.5 bn and the accompanying increase in deficit recovery contributions … Continue reading

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