Update on USS pensions

A message from Martin Williams, Director of Finance and Richard Brooks, Director of Human Resources.

We met, with other senior colleagues, with regional and local representatives of UCU on Monday to explore their ideas on how we might help move to a resolution of the current dispute over the USS pension scheme. Regionally, we have been the first University to respond to last week’s letter from UCU for discussions.

We all recognised that, while this difficult issue affects a large number of staff at the University, the only feasible way to resolution is at a national level.

We agreed, therefore that we would like to understand the position of other HEIs, and what approaches they might pursue, before the next set of discussions.

This was a good first opportunity to understand our positions better and to have an open conversation about the reasoning behind those positions.

We are all keen to see a resolution to this dispute and find a means by which USS members can continue to gain the benefits of a sustainable, secure pension scheme and to that end, are committed to keeping discussions open.

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