Search Results for: USS

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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Is the USS really in crisis?


Professor Dennis Leech is Emeritus Professor of Economics at Warwick University. This week has seen the University Employers threaten to withdraw sponsorship for future DB accrual, the University Union announce intended strike action and the DWP Select Committee ask fundamental questions about … Continue reading

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USS pension changes would be a disaster (but they are preventable) – Dennis Leech


The changes to the USS that UUK proposed on Friday will substantially alter the nature of academic employment in the Pre-92 universities and will damage higher education irrevocably. They will mean academic salaries having to rise substantially to attract the … Continue reading

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USS – the plot thickens!


Correspondence has emerged between the various macro-stakeholders in the USS “pension deficit” The cast in order of appearance Frank Field – Chair Elect of the Work and Pensions Committee. Here he is kicking off correspondence in August with….     … Continue reading

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Aren’t Employer and Union’s interests aligned at USS?


  Adrian Boulding has left a comment on yesterday’s blog that is rather better than the blog itself. As I am on the last day of my holiday in Paris, I will blog the comment and add a few thoughts … Continue reading

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Would a shift from bonds to growth assets keep the USS afloat? – Mike Otsuka


  Michael Otsuka is Professor of Philosophy at the London School of Economics. He has also served as the pensions officer for the LSE’s UCU branch. This article originally appeared on Wonkhe.com, the home of higher education policy, people and … Continue reading

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Undermining confidence in USS; to no good purpose.


  I read John Ralfe’s comments in this report in Times Higher Education and thought of Sir Toby Belch’s comment to Malvolio. Dost thou think, because thou art virtuous, there shall be no more cakes and ale? Sir Toby Belch … Continue reading

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“Ex abundanti cautela” – Con Keating’s words of comfort to USS members


The use of Latin tags in titles is frowned on by this blog. But as Con is well-loved we will permit him one this once. If you want to know what “ex abundanti cautela” means, follow the link. Not all members … Continue reading

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