As ever, our colleagues at USS Briefs have been working hard to keep up the pressure over pensions. This piece, co-written by Cardiff UCU’s Nicky Priaulx, provides an excellent overview of how we’ve been completely vindicated in striking and fighting to retain our pensions.
Cardiff UCU’s Woon Wong has been tirelessly engaging with all of the relevant stakeholders to advance his analysis of the “phantom deficit” behind USS – read his most recent piece.
And finally, this one isn’t about pensions per se, but instead about the dangers of Universities acting like banks and issuing large public bonds. As you read, remember that Cardiff University issued a £300 million bond a few years ago, and that all our employers’ upcoming decisions (about pensions, pay, and broader working conditions) are likely to be in some way affected by this increasing financialized debt: