Fighting together for USS

USS branch briefings: December 2008

An update for branches on the USS valuation and review.

Review of USS

USS undertook the regular triennial valuation of the scheme earlier this year. The final figures will be made public in December. In addition the employers have approached UCU to undertake a review of the scheme given the need to assess the impact of changes within employment patterns and demands on the scheme. UCU agreed to such a review providing it is conducted under the auspices of the existing Joint Negotiating Committee on which UCU is an equal partner with employers' representatives. We also required that the newly appointed independent chair of the JNC Sir Andrew Cubie chaired this review which he agreed to do. The review panel met for the first time in October.

To inform this process and to provide more information about the issues under discussion UCU held a round of briefing sessions. The first of these was held on Tuesday 9 December 2008.

Further events will take place in the new year at locations around the UK; more details will be made available when they are confirmed.