UK - The University of York has reached a compromise deal with non-academic staff to keep their final salary scheme open.
The university is ending its contribution holiday and will resume payments at 14.3% – up from 10% previously. It has also agreed to pay the remaining 0.3% funding shortfall on an MFR basis. In r...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date