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  11. UCU calls on employers to demand a change of approach to the ongoing 2020 valuation

UCU calls on employers to demand a change of approach to the ongoing 2020 valuation

4 February 2021

UCU is calling on employers in the Universities Superannuation Scheme (USS) to join it in demanding a change of approach to the ongoing 2020 valuation of the pension scheme.

This comes after the Oxford UCU branch and the University of Oxford wrote a joint letter to USS chief executive Bill Galvin, raising concerns over the scheme's valuation, following a similar joint letter by Cambridge UCU and the University of Cambridge in December. Last month, 3,874 people also signed a letter of complaint to USS.

UCU welcomed the approach taken by both universities and said more employers should work with their local UCU branches to challenge USS's approach.

Read the full story: UCU calls for more universities to join fight for fair pensions

Last updated: 18 November 2021