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UCU responds to UUK valuation review

18 March 2018

UCU response to Universities UK's announcement that it will review how the Universities Superannuation Scheme is valued.

University and College Union general secretary Sally Hunt said: 'UCU will of course look at any proposals UUK makes but our members have made it quite clear that what is needed is a much improved offer. Any review would need to enjoy the confidence of the sector or be doomed. 

'UUK really need to work much harder to win the trust of university staff. We remain available for talks, but what is really needed is a much improved offer which retains a decent, guaranteed pension income in retirement, and addresses our concerns about about the valuation of the fund.'