Search Results for: USS

#beetroots, #biscuits – how the battle for truth @USS is being won.


I find myself embedded in a bizarre discussion on #transparency between some of the brightest bods on twitter. This ill becomes me, I am out of my depth, a TUC cracker in the posh biscuit barrel. #beetroot #biscuits pic.twitter.com/Hywkpf8U2W — … Continue reading

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Bill Galvin – on accountability at #USS


If Jo Cumbo hadn’t mentioned it I’d have missed it. Bill Galvin- erstwhile CEO of the Pensions Regulator and now boss of the University Superannuation Scheme wrote a thought piece on the USS blog – it’s here. It’s a meditation … Continue reading

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FABI surplus continues to soar, as USS accounting deficit falls dramatically.


Much like daily temperatures , First Actuarial’s Best estimate (FAB) Index soared through  June , and the heat is on for those who’ve weaponised accounting deficits. The Universities Superannuation Scheme (USS) has announced a dramatic fall in 2018. The FAB Index – which provides … Continue reading

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Otsuka finds balm for USS’ “forty year itch”


    With remarkable restraint , Mike Otsuka reports on conversations he’s had with the USS on unknown unknowns. We do not know what the future brings, but past performance suggests that universities do not fail as people need higher … Continue reading

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Why the USS got itself into trouble ( Mike Otsuka).


Mike Otsuka’s extraordinary diligence in understanding the pension scheme he is a member of, is an example to us all. In this article he delves into the archives and uncovers some disturbing statements. They shed light on the current “unaffordability” of … Continue reading

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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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