UUK joins CDC bandwagon as it sets out possible USS replacements
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
In an open letter to USS members, UUK president Professor Dame Janet Beer and chief executive Alistair Jarvis said it was prepared to get back round the negotiating table to discuss a number of options...
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Employee DC contributions drop by 11% amid pandemic pressures
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