USS Update of 23 October 2018. This document was made available by the University of Birmingham in the context of communicating its own response to the Joint Expert Panel

Submitted by AcFreedom on Sat, 11/10/2018 - 16:10

Another UK USS/JEP doc that we think is available here. This note appears to refer to the USS letter of 9 October 2018 (see other release). It 'looks to provide a little more colour to that position' [an approach that would allow some of the fundamental aspects of the 2017 USS valuation to be re-opend], and to remind USS employers of the 'trustee’s role in the valuation process'.

University of Liverpool Poposal for Egypt Development

Submitted by AcFreedom on Mon, 10/29/2018 - 11:19

We have received a document related to the proposed development by University of Liverpool of an Egypt Branch Campus. This is particularly controversial due to the possible involvement of the Egyptian state in the murder of Italian Cambridge PhD student Giulio Regeni. A risk noted in the document, however the project appears to be going ahead.

Universities UK Response to the USS Technical Provisions Consultation (10 October 2017)

Submitted by AcFreedom on Fri, 10/19/2018 - 12:54

New document release. This is Universities UK’s response to the USS Technical Provisions Consultation (USS 2017 Actuarial Valuation: A consultation with Universities UK on the proposed assumptions for the scheme’s technical provisions and Statement of Funding Principles, Technical Provisions consultation document). The response was shared with employers by email by UUK on 13 October 2017.

USS Briefing Session; slides from Brendan Mulkern | Universities UK for the AHUA Autumn Conference 2018, 14 September 2018

Submitted by AcFreedom on Mon, 09/17/2018 - 18:39

New Release - These slides describe, from the perspective of Brendan Mulkern for Universities UK (UUK), the situation relating to USS just prior to the release of the Joint Expert Panel (JEP) first report. (Even though the date of the slides – 14 September 2018 – is subsequent to the publication of the JEP (13 September 2018).) The slides cover the 'overall position' from the perspective of the employers; the challenges for the coming period; and how the employers establish a collective position (both through formal consultation and informal engagement).

Summary of content of complaint to USS Ltd re: underpayments

Submitted by AcFreedom on Fri, 08/17/2018 - 11:07

We have received a copy of the template/guidelines used for complaint letters sent by member complainants to USS Ltd regarding underpayments. These letters were largely sent to USS in the first quarter of 2017, and some complainants cced their local MP. What is unusual is that USS CEO Bill Galvin himself responded to this letter, a link to which is here.