Academics call on USS trustees to explain deficit maths
Over 50 academics in the Universities Superannuation Scheme (USS) have urged the fund's trustees to explain calculations used to calculate its deficit.
In July, the 390,000-member scheme reported a surge in its deficit in its 2017 valuation, resulting in a shortfall of £12.6bn on the actuarial measure, 138% larger than at its 2014 valuation. The scheme...
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