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News and updates on the proposed changes to the USS pension scheme.
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Provost's message about the Joint Expert Panel's report and recommendations

17 September 2018

"I wanted to keep you updated on developments in the wake of the release of the Joint Expert Panel (JEP) report.

We welcome the findings of the report and thank the panel for its work. I am glad to say that the JEP’s findings were unanimous and estimated a lower rise in contributions than currently being consulted on. The report identifies scope to adjust a number of the valuation assumptions, which is promising. 

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UUK and UCU talks

22 March 2018

"More than a week has now passed since the HE committee and Branch Chairs of UCU rejected the revised USS pension agreement, put together by joint UUK and UCU negotiators with ACAS mediation.

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The unsuccessful outcome of the pensions negotiations

14 March 2018

"Following an intense week of talks between the University and College Union (UCU) and Universities UK (UUK), I was very sad to hear that the UCU Higher Education Committee and UCU Branch Chairs have rejected the agreement that ACAS-mediated joint negotiations had proposed yesterday.

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UCU industrial action

15 February 2018

"It’s important that UCL is able to offer all staff a secure and affordable pension. A formal consultation on the proposed changes will begin next month, and I fully support and will continue to encourage scheme members to share their views to help shape an outcome that works today and in the future.

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