Dear University of Kent UCU members,<\/p>\n
We updated you last month on why we had a Universities Superannuation Scheme (USS) consultation going on while awaiting the Joint Expert Panel (JEP) report.<\/p>\n
That report is now available and contains lots of positive information.<\/p>\n
http:\/\/www.ussjep.org.uk\/report-of-the-joint-expert-panel\/<\/a> A copy of the executive summary and the full report are also available on the local Human Resources (HR) webpages.<\/p>\n https:\/\/www.kent.ac.uk\/human-resources\/pensions\/documents\/Executive-summary-of-the-Report-of-the-Joint-Expert-Panel-sep18.pdf<\/a> UCU nationally has a superannuation working group (SWG) that has endorsed the recommendations of the JEP on the USS, and called upon Universities UK (UUK) and USS to do similar.<\/p>\n https:\/\/www.ucu.org.uk\/article\/9650\/UCU-superannuation-working-group-endorses-JEP-report-on-USS-pension-scheme<\/a><\/p>\n UUK is currently consulting with employers:<\/p>\n https:\/\/www.universitiesuk.ac.uk\/news\/Pages\/Response-to-Joint-Expert-Panel-report-on-USS-valuation.aspx<\/a><\/p>\n UUK has published its consultation document:<\/p>\n https:\/\/www.ussemployers.org.uk\/news\/universities-uk-consultation-uss-employers-jep-recommendations<\/a> Branch officers consider the report a considerable vindication of our industrial action in the spring and, if adopted by the pension scheme, a considerable victory compared to the proposals we were fighting. We are urging university senior management to support the JEP report in the consultation.<\/p>\n In particular, the JEP report alters the method of calculating the deficit and in the process removes 75% of it, and thus 75% of the huge attack upon our pensions.<\/p>\n This would not have been achieved without our action. We can fight and we can win.<\/p>\n We suggest you bear this in mind in relation to the pay dispute too!<\/p>\n Best wishes, Dear University of Kent UCU members, We updated you last month on why we had a Universities Superannuation Scheme (USS) consultation going on while awaiting … Read more<\/a><\/p>\n","protected":false},"author":39717,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/posts\/328"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/users\/39717"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/comments?post=328"}],"version-history":[{"count":3,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/posts\/328\/revisions"}],"predecessor-version":[{"id":331,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/posts\/328\/revisions\/331"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/media?parent=328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/categories?post=328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/ucuuok\/wp-json\/wp\/v2\/tags?post=328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nhttp:\/\/www.ussjep.org.uk\/files\/2018\/09\/report-of-the-joint-expert-panel.pdf<\/a><\/p>\n
\nhttps:\/\/www.kent.ac.uk\/human-resources\/pensions\/documents\/report-of-the-joint-expert-panel-sep18.pdf<\/a><\/p>\n
\nhttps:\/\/www.ussemployers.org.uk\/sites\/default\/files\/field\/attachemnt\/UUK_consultation_2018_final.pdf<\/a><\/p>\n
\nOwen, Mark and Sian<\/p>\n","protected":false},"excerpt":{"rendered":"