University staff accept USS offer, ending strikes
Staff at universities across the country are to end strike action after accepting the latest offer on the Universities Superannuation Scheme (USS).
The University and College Union (UCU) today announced that staff had accepted an offer from Universities UK (UUK), originally put to members last month, which pledged to retain defined benefit (DB) provision...
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Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
DB funding - February 2021: Gilts-plus deficit eliminated, says PwC
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…
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