Discover and read the best of Twitter Threads about #ussbriefs1
Most recents (3)
So with the publication of the #JEP, the issue of UUK consultations with employer institutions is back big time. Both the famous Sept 2017 survey – and now the possibility, if JEP recommendations are taken up, of UUK reassessing employers' appetite for risk.
I'm worried. 1/
I'm worried. 1/
#JEP has emphasised the problems with how UUK framed the questions. What's really obvious if you look back Sept survey is that all the focus is on risk and on a *reduction to benefits*. And NOT on the potential to increase contributions. Or on amending the technical provisions 2/
You can see the structure of the questions here, in Nottingham's response (one of the institutions that wanted less risk): whatdotheyknow.com/request/440685… 3/
I've been thinking about trust. @AlistairJarvis's desire, on part of @UniversitiesUK is to 'rebuild trust' damaged during the dispute. He uses that phrase both in his letter to Sally Hunt () & in the leaked email to VCs ()
Yesterday, Prof Kris Olds, UW Madison (@GlobalHigherEd) argued that 'Universities UK could always advocate to become subject to the Freedom of Information Act to help build trust, its reputation, & its brand' – which got me thinking a lot more about trust
Onora O'Neill, in her work on trust, famously argues:
trust 'is well placed if directed to matters in which others are honest, competent & reliable, & poorly directed if directed at matters in which others are dishonest, incompetent and unreliable' efc.be/human-rights-c…
trust 'is well placed if directed to matters in which others are honest, competent & reliable, & poorly directed if directed at matters in which others are dishonest, incompetent and unreliable' efc.be/human-rights-c…
.@TPRgovuk published its annual funding statement for DB pension scheme valuations today. There are some interesting nuggets relevant to #ussstrikes [thread] thepensionsregulator.gov.uk/press/trustees…
The Director of Regulatory Policy said "Trustees should negotiate robustly with the sponsoring employer to secure a fair deal for the pension scheme, while employers should balance the interests of pension savers with returns to shareholders and investors....
... We are working more closely than ever with trustees to support them in this process". So, USS should be negotiating with @UniversitiesUK to provide the best deal for scheme members. USS should be looking after our interests. Are they?
