Glasgow prepared to pay more to avert further USS pension strikes
University and union branch offer ‘exit strategy’ as further walkouts prepared in long-running dispute

University and union branch offer ‘exit strategy’ as further walkouts prepared in long-running dispute

Academics to refuse to assess students’ work for an indefinite period, posing threat to this year’s graduations

Those who earn less than £40,000 a year face losing about 30 per cent of the value of their pension, according to ‘first global analysis’

Improved benefits or lower contributions could be possible if positive pension fund scheme performance continues

Although available information on USS finances is patchy, scope appears to remains for restored benefits or reduced contributions, says Michael Bromwich

Head of UK higher education’s biggest pension scheme to depart once successor is appointed

Biggest sector fund believes it is £1.8 billion in the black, after fears of multibillion-pound deficits led to cuts to benefits

UCU leadership criticised for making ‘unilateral’ decisions as academics scramble to get back to work

But rising inflation means that the pension scheme’s recently reported funding position is likely to be over-optimistic, says Bill Galvin

Universities UK says contributions could be cut or benefits increased as USS finances bounce back after pandemic, but unions want reforms to be cancelled now

Improving deficit of Universities Superannuation Scheme post-pandemic strengthens case for further valuation, says union

Only 17 per cent of those enrolled in UK’s largest higher education pension scheme reported positive relationship after changes to retirement benefits

In-depth look at scheme’s finances confirms deficit has shrunk since last valuation but ‘volatile market’ means benefits cannot be improved, yet.

Another 18 days of strikes to hit universities across the country in February and March, with UCU promising ‘most disruptive action ever’

Academics’ pension fund adds famous holiday camps to growing portfolio of assets as it seeks to shore up finances post-pandemic