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In 2017, it was reported that the USS pension scheme has offshore investments in tax havens. [63] In 2014, USS's highest-paid executive, received a 50% pay increase, to £900,000 [64] and criticism of the high pay of top USS employees grew. In 2018, it was noted that pay for USS's chief executive rose from £484,000 in 2017 to £566,000 in 2018 ...
McGaughey and Davies v Universities Superannuation Scheme Ltd and Directors [2023] EWCA Civ 873 is a UK company law, climate litigation, and pension law case, seeking permission for a derivative claim to enforce duties of the directors of the UK university pension fund, USS Ltd. The case was first to sue for directors of a major UK corporation ...
[314] [315] Reporting focused on the Panel's proposal to introduce a dual discount rate into the USS pension scheme, whereby the fund supporting members who had retired would be put into low-risk, low-return investments, but the remainder of the fund (accruing to working members who had not yet retired) would be free to be invested in higher ...
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
Oxford University staff union members voted [44] to join 60 other universities in the national strike action, coordinated by the University and College Union (UCU) after a breakdown in its negotiations with the university employers' representative, Universities UK (UUK), over UUK's proposals to remove the defined benefit element of the USS ...
USS may refer to: Arts, entertainment, and media. ... Universities Superannuation Scheme, a pension scheme in the United Kingdom; United Peasant Party ...
Hutton became a director of the Universities Superannuation Scheme on 1 November 2015. [5] [6] On 21 May 2019, it was revealed that, in her capacity as a non-executive director on the USS board of trustees, she had in March 2018 complained to the Pensions Regulator, alleging that her efforts in 2017 to check whether the USS deficit had been miscalculated had been frustrated by delays and ...
In spring 2018, the transparency of Universities UK was widely called into question due to its role in negotiations over changes to the USS pension scheme, which led to the 2018 UK higher education strike. By 12 April 2018, 12,000 people had signed a petition demanding that Universities UK be made subject to the Freedom of Information Act 2000.