USS valuation: USS rejects claim of an error in ‘valuation test 1’
You may have seen information which suggests there was an error in the way USS applied its ‘valuation test 1’.
This originated with some calculations and a discussion document published by Dr Sam Marsh, a UCU representative on the USS Joint Negotiating Committee, and has been rejected by a published statement from USS.
You can find out more about the valuation methodology on the USS website.