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Panicked reaction unhelpful

31 July 2017 | last updated: 16 November 2017

UCU has said panicked reactions to a snapshot reading of the health of USS would do little to resolve the problems the scheme faced or how best to deal with them.

With a recovery plan already in place for the scheme an independent report commissioned by USS concluded that universities with USS schemes would remain strong and stable for at least the next 30 years. 

However UCU also said that analysis of USS and the other scheme for university staff, the Teachers' Pension Scheme (TPS), shows there are better benefits on offer through TPS and that the time had come for USS to look again at the methodology behind how it values the scheme, especially if it wanted to remain the scheme of choice for staff working in universities.

Read the full story: UCU says panicked reactions on state of USS pension scheme are unhelpful