Pensions

UCU has notified the University of the outcome of the ballot that was held in connection with proposed changes to the Universities Superannuation Scheme (USS).

The University recently submitted its views to Universities UK on the current state of USS.

The University is about to embark on a consultation with those members of staff who would be affected by the proposed changes to USS.

Employer and employee representatives have agreed a joint proposal for reform of the Universities Superannuation Scheme.

A potential proposal for reform of USS has been developed by employer and employee representatives.

The USS consultation document on the assumptions to be used in the valuation of USS as at 31 March 2014, and the University’s response to this, are now available to read.

A series of roadshows have been launched for staff who are members of the Universities Superannuation Scheme.

Universities Superannuation Scheme: a brief guide to the funding position of USS and potential reform to its structure and benefits.