Two more universities express concerns over USS reforms

Essex & Cambridge universities have today been revealed as the latest to express concerns over UUK’s planned reforms for USS.

In an article in today’s Times Higher, in which Gregor Gall, professor of industrial relations at the University of Bradford, said that ‘the signs are that we are in for a “winter of discontent”, the THE reported:

‘In its response to a UUK consultation on USS reform, the University of Essex said that employers should consider a more gradual approach to pension reform.

“To jump, in a single bound, to a long-term solution risks unnecessary reductions in the rate of growth in membership of the USS,” it says.

In its response, the University of Cambridge says that the assumptions made by the USS actuary “may be overly prudent”, while the University of Warwick says it is worried that “unnecessarily pessimistic assumptions…may be forcing much starker reductions”.’

You can read the full THE article here.