Pension contributions could fall again as USS surplus doubles
Healthy financial position of giant UK sector scheme may mean universities and their staff have to pay in less

Healthy financial position of giant UK sector scheme may mean universities and their staff have to pay in less

National pay award expected to be postponed, while some university employees question decision to opt out of collective bargaining

Universities may pause major staffing changes as they are predicted to save millions, experts say, but ‘volatility’ of scheme means some will press on
Majority elect to stay enrolled on more expensive TPS despite offer of incentives up to £12,000

Northumbria’s novel cost-cutting scheme is no better than the subsidiary arrangements others are using to avoid pension obligations, says Jon Bryan

Northumbria’s move to encourage staff on to USS is not about saving costs. It will allow pay to keep up with other research-intensives, says Andy Long

University increases size of payout and extends deadline as it insists more staff will take up offer to move pensions after union describes scheme as ‘abject failure’
Union wins industrial action ballot over move to freeze pay for those who refuse Teachers’ Pension Scheme switch

Institutions forced to take matters into their own hands as high employer contributions ‘increase likelihood of university closure’

Staff at Strathclyde and Durham vote to walk out in disputes over job losses and workloads, while Northumbria to be hit with disruption in row over pensions

University says moving employees from more expensive scheme will save it up to £11 million a year

Industrial action also planned at University of Derby as rows over employment conditions deepen

Cost to sector ‘significant’ as reports say chancellor planning to limit tax-free contributions

Institutions say impact of recruitment changes behind difficult financial picture but predict stronger numbers in future

Carol Young’s salary boosted by bonus and buy-out clause as fund gears up for 2026 valuation