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Tag Archives: UUK
University pensions! – Stay collective! Stay open!
Another good day for pensions! Yesterday was a good day for the collective pension scheme in Britain. I had breakfast at Cicero’s offices in the Old Bailey (not the courts). I was able to hear our Pensions Regulator talk openly about … 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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Bill Galvin , stop whingeing to the FT and come down here!
Bill Galvin would be well-advised not to snipe at social media for peddling misconceptions about the University Superannuation Scheme. Dennis Leech, Professor of Economics at Warwick concludes a recent article with the question will this independent group be subject to … Continue reading
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Posted in pensions, USS
Tagged Bill Galvin, first actuarial, ft, Hilary Salt, pensions, social media, USS, UUK
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When enough isn’t enough – thoughts on #NoCapitulation
Is the USS really in crisis? I was disappointed to read that the University strike isn’t over. But it isn’t and Jo Cumbo hits the nail on the head. “Majority of members wish to reject the proposal as insufficient.” What … Continue reading
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The herd mentality that leads us to DC
Luke 8:32-33 A large herd of pigs was feeding there on the hillside. The demons begged Jesus to let them go into the pigs, and he gave them permission. When the demons came out of the man, they went into … Continue reading
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Posted in pensions, USS
Tagged Aon, Consultants, first actuarial, pensions, UCU, USS, UUK
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Pensions and Pornstar Martinis
Question ; what have pensions and pornstar martinis got to do with each other Answer; after announcing they would have a day off from negotiating, the UUK pension team appear to have deferred to the bar for some of these … 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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UUK – you cannot dictate the terms on which you break your promises.
“Pension promises” are difficult. Lawyers tell me that the members of the University Superannuation Scheme (USS) do not have a contractual right to it. It could be argued that cutting off the oxygen of future accrual (as UUK are threatening … Continue reading
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The rotten boroughs of the Isis and the Fens – Mike Otsuka
On the implausibility of the Registrar’s denial of disproportionate Oxbridge influence In an article in the Guardian entitled ‘Universities strike blamed on vote by Oxbridge colleges’, Richard Adams reports that “the employers’ backing” of “policies resulting in the harsh cuts” … Continue reading
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As Universities prepare for a strike, teachers try to limit the damage
This morning I’m publishing two blogs, one from Mike Otsuka which looks at tomorrow’s strike by University Staff from an economic perspective, mine looking at the human aspects of the strike. . Here are two emails from teachers in the … Continue reading
