Tag Archives: USS

“Your pay-rise is a pension rise”

  I often “wake up to money” but not to this! In a discussion about when we last got a pay-rise, one listener mailed in that her boss told her “your pay-rise is a pension rise” It’s the first time … Continue reading

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The trouble with conformity – USS latest

  The dissenting voice has long been upheld in British Universities. Minority opinions are valued as an antidote to received wisdom which all too often degenerates into herd-like conformity. So I worry when I read the justification that the USS … Continue reading

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TPR’s impatience with USS’ fibs

Phoney deficits The Pensions Regulator’s patience with USS and its Trustees is running short. The FT has got hold of an email from TPR which rebukes USS for overstating its deficit and misrepresenting the views of TPR on discount rates. … Continue reading

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Thoughts on Jo Grady’s letter to the Trinity dons

Here’s Jo Grady’s open letter and I think it’s worth some thinking about. Trinity College Cambridge, the one who’s Great Court is supposed to feature in Chariots of Fire, is rich. It is rich because of endowments given to it … Continue reading

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Risk-taking , ground-breaking academics in our universities

I have been impressed by the way academics , through their unions, took on university employers and the received wisdom of the pension industry and refused to let their defined benefit scheme close to future accrual. I’m pleased that one … Continue reading

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Get up, stand up, for your pension rights

      Josephine Cumbo has written an important blog in Pensions Expert. If you aren’t registered to see the article, I urge you to do so. Access to the article is free and it pretty well sums up my … Continue reading

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Is the tide turning in favour of pensions?

As we reach the last few weeks of the year, I’ve been looking at the stories that are dominating the pension landscape and increasingly they are positive. Despite UK and global equity markets being down on the year, pensions are … Continue reading

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Do academics have special rights of pleading?

Peer review is the evaluation of work by one or more people of similar competence to the producers of the work. It constitutes a form of self-regulation by qualified members of a profession within the relevant field. Peer review methods … Continue reading

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Schools staring into a pension “abyss”

  Contrary to indications that the Teachers’ Pension Scheme (TPS) employer contributions for 2019-20 would be set at 19.1%, schools have now been told  that the figure from September 2019 will be 23.6%. The Teachers Pension Scheme, along with all … Continue reading

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The public debate on USS is elevated by King and Kay.

Exclamation: Master @JohnRalfe1! Mervyn King has now joined UCU and is spouting what you call “#USS #smokescreen and pure #UCU #bollocks“! Calling Bazooka @mikeotsuka and Plowman @henryhtapper https://t.co/OFuewk3ER7 — John Ralfebot (@Ralfebot) September 6, 2018 One of the joys of … Continue reading

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