Treasury confirms discriminatory rules to be fixed across all public sector schemes
The government has confirmed the Supreme Court ruling that changes made to the firefighters' and judges' pension schemes in 2015 were discriminatory will now apply to all public sector schemes.
The 2015 changes - which saw younger workers moved to less generous schemes while the oldest workers were able to continue accruing benefits in the more generous schemes as "transitional protection" -...
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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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