Tag Archives: UCU
“No alternative methodology was proposed” – Mike Otsuka calls UUK
Why it matters that this claim of UUK’s is false UUK’s Q&As on the USS valuation from mid-December end on a perplexingly obviously false note, which I highlight in bold: “UCU have raised a number of concerns regarding the USS valuation … Continue reading
“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
Posted in pensions, USS
Tagged Conan Powell, employers, Mike Otsuka, pensions, UCU, USS
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Jealous of your parents? Screw their pension!
The Government are to bundle up the outstanding student debt and sell it to pension and hedge funds. Simple message to kids, if you love your parents, pay your debt; if you want to screw them-don’t. Remember kids, your … Continue reading
A brave and timely response to UUK’s proposals
I was wondering how to react to news that the UUK (the employers of university staff) is proposing to axe future Defined Benefit accrual into the USS. Anger or sorrow seemed the two main candidates as I flew back last night. I was … Continue reading
Posted in advice gap, pensions, Trades Union Congress
Tagged defined benefit, Hilary Salt, John Ralfe, pensions, UCU, USS, UUK
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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
Posted in pensions, USS
Tagged David Eastwood, Frank Field, Janet Beer, Lesley Titcomb, pensions, UCU, Universities UK, USS
15 Comments
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
Posted in advice gap, DWP, pensions
Tagged Adrian Boulding, Bill Galvin, ft, pensions, UCU, Universities UK, USS
4 Comments
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