Tag Archives: UUK
USS pension dispute is over.
I am very pleased to hear that the 5 year long pensions dispute between the UCU Union and UUK over the funding and benefits arising from the USS pension scheme is over. It’s over because all sides have agreed that … Continue reading
Benefits restored as USS moves towards partial CDC.
BREAKING: 2022 cuts to pensions for thousands of university sector workers are to be reversed under an agreement between unions and the university sector.https://t.co/GXnAmgOF0T — Josephine Cumbo (@JosephineCumbo) October 5, 2023 This is great news for members of the USS … Continue reading
Little cause for celebration from USS valuation
USS – no time for complacency The headlines are good. USS is wearing a surplus of over £7bn rather than a deficit of £14bn, it is proposing a contribution schedule that makes pensions affordable to employers and (if the 65/35 … Continue reading
Benefits will be restored at USS but will common sense?
UCU members in their tens of thousands have voted overwhelmingly to move forward with pension proposals agreed with employers which will pave the way for the restoration of benefits. When we launched our pensions dispute, university vice chancellors doubted us, … Continue reading
Posted in pensions
Tagged Common sense, Con Keating, DB pensions, Jo Grady, Pensions, trust, UCU, USS, UUK
3 Comments
USS disclosure- in need of a “deus ex machina”.
Reading the latest acrimonious exchanges between the University Employers and the staff union UCU is a depressing business. UUK, who say they are taking their lead from the USS pension scheme stand accused of underestimating the scale of the … Continue reading
UCU and UUK should ask more of their pension and its regulator.
I’ve received some feedback on my comments about the current situation in UK universities. But not quite the level of feedback that Jo Cumbo is getting! The way USS has handled this is just ridiculous. University staff don’t take kindly … Continue reading
USS heading for the buffers – strikes seem inevitable – why?
News that University employers have agreed a deal with the University Superannuation Scheme that will leave members with substantial cuts in benefits , has not gone down well. Another wave of strikes beckons , deepening the plight of students who … Continue reading
UCU and UUK “please pack it in!”
My view is simple, the Joint Expert Panel was set up to prevent further disruption, please don’t disrupt further. Continue reading
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
Posted in pensions, USS
Tagged CDC, CWU, DB WinRS, first actuarial, pensions, Royal Mail, UCU, USS, UUK
2 Comments
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