This is advance notice of an Extraordinary General Meeting (EGM) of the branch to consider a single issue – our disputes over Four Fights (“pay and related matters” i.e. pay, casualisation, workload and equality) and USS pensions – and in … Read more
The full approved minutes were emailed to members and a copy is available from the honorary secretary or branch administrator. Agreed to suspend standing order to reduce speaking time to 3 minutes for movers of motions and 2 minutes for … Read more
Text from email sent to members 21 April 2021 The USS pension scheme recently calculated that on a ‘best estimate’ basis, our pension scheme is £4bn in surplus.* ‘Best estimate’ (or ‘unbiased estimate’) means that this scenario is considered 50% likely … Read more
The University has undertaken a series of ‘town hall’ meetings on the matter of the pension, and the VC is currently going around Schools to discuss the matter in smaller groups. We offer here some bite-sized notes, from questions that … Read more
Our pension scheme is yet again seemingly under attack by the people who are supposed to be looking after it. This time even the employers’ body Universities UK have made a public statement criticising the valuation. If you want to … Read more
This blog post is not intended and cannot be taken as financial advice. An individual should seek independent financial advice based on their own circumstances and objectives. One of the concerns that faces the USS pension is the number of … Read more
A quick reminder that Leeds UCU has organised an Open Meeting on USS this Thursday (11 March) 12 noon – 1 pm. Please come along to find out what’s going on with the latest valuation. Our pensions rep Mark Taylor-Batty … Read more
It is March 2021, and once again USS pension members have been told there is a ‘deficit’ in the valuation of the scheme. USS are planning further contribution increases, going up from 30% of salary (combined total of employer and … Read more
A is for Assets, but also for Assumptions. In the Universities Superannuation Scheme pension (USS), the assets are held as investments, mostly in stocks and shares but also partially in Gilts (see ‘G’) and in other asset classes. The USS … Read more
An emergency meeting of the branch was help today to establish the branch’s position on the employers’ offer on casualisation, equal pay, workloads and pay (the ‘four fights’ dispute) and on the latest developments in the USS pensions dispute. The … Read more
