USS: JEP second report published
The Joint Expert Panel has now published its second phase report.
The Panels second report makes a series of interlocking recommendations covering the governance of the Scheme, the valuation methodology and the way forward.
What is the Joint Expert Panel?
The Panel was set up by UCU and UUK following the 2018 industrial dispute over the USS pension fund. The Panel comprises senior figures from the pensions sector as well as academic experts from within higher education and is chaired by Joanne Segars OBE.
Following its first report into the 2017 USS valuation, the Panel was commissioned by UCU and UUK to produce a further report aimed at establishing key principles to underpin the future joint approach of UUK and UCU to the valuation of the USS fund.