Bumper bonuses for USS staff reignite union anger
Calls have been renewed for a national ballot on proposed changes to the sector’s largest pension scheme after it emerged that £2.9 million in bonuses were paid to investment staff.
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Pension speculation
Paul Goldberg notes that whenever a USS member moves to another scheme, their USS pension entitlement is merely index-linked, leaving USS with an excess of cash (Letters, THES, April 21). Another...
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Pensions powwow set to begin as union offers alternative narrative
USS reforms on consultation agenda, but UCU aims to build opposition online. John Morgan reports
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Live long and prosper: we must work together to reform our pensions
Change to the USS scheme is urgently needed to address greater life expectancy and a £17 billion shortfall, says Nicola Dandridge
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UCU testimonials show 'liberating' side-effects of pension struggle
The phrase "industrial action" usually summons up images of workers huddled around blazing braziers as they shiver on the picket line.But for some in the University and College Union, it means a...
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We'll fight to the finish: Hunt's rallying cry on pensions and private colleges
The general secretary of the University and College Union has pledged to continue to press private colleges on issues such as quality of provision and working conditions after claiming that the union...
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Oxbridge ballots give resounding rebuff to employers’ USS proposals
Pensions ballots at the universities of Oxford and Cambridge saw more than 80 per cent of the staff members who voted rejecting the employers’ plans to cut benefits in the Universities Superannuation...
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Talks deadlocked over scrapping of final-salary pensions for academics
A decision on whether to wind up the Universities Superannuation Scheme's final-salary pensions could be made this week - but talks between employers' and members' representatives are so far...
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Pension speculation
USS pension funds might be vulnerable not only to the Treasury but also to European Union tax and financial harmonisation plans. Britain has invested more than twice the amount in pension funds as...
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University financial health check 2017: future prospects?
UK universities face uncertainty over the impact of Brexit and the TEF, the future for tuition fees and a pensions deficit. Which institutions have the financial clout and diversified portfolios to...
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Employers and UCU to reconvene pension talks following ‘work to rule’ action
Employers have agreed to hold fresh talks with the University and College Union over the sector’s biggest pension fund, following the start of industrial action.
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Pension scheme 'fully funded', valuation finds
The Universities Superannuation Scheme had more than enough assets to pay for current and former members' pensions as of 31 March 2008, the scheme's valuation report, due out this month, will say.But...
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USS faces ethical dilemma over strip-mining operation
Campaigners lobby pension fund to pull cash from controversial Indian scheme, John Morgan writes
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Pension schemes brought into line
New TPS entrants will retire at 65 in post-92 institutions. Claire Sanders reports. The pension age for academics starting their careers in new universities is now 65, bringing them into line with...
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Pension chief pockets £50k bonus, as higher education staff face cuts to benefits
The sector’s biggest pension fund gave its chief executive a £50,000 bonus in a year when lecturers went on strike over cuts to their benefits, it has emerged.