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Universities Superannuation Scheme
The Universities Superannuation Scheme is a pension scheme in the United Kingdom with £89.6 billion under management as of August 2021 (up from £67 billion in 2019). It has over 400,000 members, made up of active and retired academic and academic-related staff (including senior administrative staff) mostly from those universities established Universities in the United Kingdom#Categorisation by age and location, prior to 1992 (staff in the New Universities, post-1992 universities are mostly members of the Teachers' Pension Scheme, Teacher's Pension Scheme). In 2006, it was the second largest private pension scheme in the UK by fund size. The headquarters of Universities Superannuation Scheme Limited (USS) are in Liverpool. History The Federated Superannuation Scheme for Universities, 1913–1974 In 1911 the President of the Board of Education established an University Grants Committee (UK), Advisory Committee on University Grants. This research formed the basis of the predece ...
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Pension Scheme
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "Defined benefit pension plan, defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "Retirement plans in the United States, retirement plan" and "Superannuation in Australia, superann ...
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Career Average Pension
A career average pension or career average revalued earnings pension (CARE pension) is a type of occupational pension scheme, where people saving for retirement pay for a benefit after retirement where they will receive a sum that is calculated according to their average earnings over their career. Particularly in UK pensions, this model has been introduced as an alternative to both defined contribution pensions, which may run out and lead to old age poverty if they live longer, and final salary pensions which give people a benefit based on the last salary they earned before retirement. Career average pensions avoid a situation where, in their last few years of work, employees jumped up to management positions with much higher salaries: meaning that lower earners do not subsidise much higher pension benefits for just a few people. UK public sector CARE pensions are revalued annually in accordance with rates issued by His Majesty's Treasury under the Public Service Pensions Act ...
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Arundhati Roy
Suzanna Arundhati Roy (; born 24 November 1961) is an Indian author best known for her novel ''The God of Small Things'' (1997), which won the Booker Prize for Fiction in 1997 and became the best-selling book by a non-expatriate Indian author. She is also a political activist involved in human rights and environmental protection, environmental causes. She was the winner of the 2024 PEN Pinter Prize, given by English PEN, and she named imprisoned British-Egyptian writer and activist Alaa Abd El-Fattah as the "Writer of Courage" with whom she chose to share the award. Early life Suzanna Arundhati Roy was born on 24 November, 1961 in Shillong in Undivided Assam (now in Meghalaya) into a Christianity in India, Christian family, to parents Mary Roy, a Malayali Jacobite Syrian Christian Church, Jacobite Syrian Christian women's rights activist from Kerala and Rajib Roy, a Bengali Christian tea plantation manager from Kolkata, West Bengal.Deb, Siddhartha (5 March 2014)"Arundhati Roy ...
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Sally Davies (doctor)
Dame Sally Claire Davies (born 24 November 1949) is a British physician. She was the Chief Medical Officer from 2010 to 2019 and Chief Scientific Adviser at the Department of Health from 2004 to 2016. She worked as a clinician specialising in the treatment of diseases of the blood and bone marrow. She is now Master of Trinity College, Cambridge, appointed on 8 February 2019, with effect from 8 October 2019. She is one of the founders of the National Institute for Health and Care Research. Early life and education Davies was born on 24 November 1949 in Birmingham, England. Her father John Gordon Davies was an Anglican priest and theologian, and her mother Emily Mary Tordoff was a scientist: they both became academics at the University of Birmingham. She failed her eleven-plus exam but was nevertheless able to study at the private Edgbaston High School for Girls in Birmingham, where she excelled on the viola. Davies studied medicine at Manchester Medical School at the Uni ...
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Alexandra Walsham
Alexandra Marie Walsham (born 4 January 1966) is an English-Australian academic historian. She specialises in early modern Britain and in the impact of the Protestant and Catholic reformations. Since 2010, she has been Professor of Modern History at the University of Cambridge and is currently a fellow of Emmanuel College, Cambridge. She is co-editor of '' Past & Present'' and vice-president of the Royal Historical Society. Early life and education Walsham was born on 4 January 1966 in Hayle, Cornwall, and spent her early childhood in England. She and her family emigrated to Australia when she was young. She studied history with English at the University of Melbourne, graduating with a Bachelor of Arts (BA) degree and a Master of Arts (MA) degree. In 1990, she was awarded a Commonwealth Scholarship to study early modern history at the University of Cambridge. She undertook postgraduate research at Trinity College, Cambridge under the supervision of Patrick Collinson, the th ...
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Jo Grady
Jo Grady (born 7 April 1984) is a senior lecturer in Employment Relations at The University of Sheffield, and a British trade union leader who serves as the general secretary of the University and College Union (UCU). Biography Grady was born in Wakefield in 1984, while her father was part of the UK miners' strike. She studied at Wakefield College, a further education institution, and then became the first member of her family to attend university, studying industrial relations at Lancaster University. Grady completed a PhD on trade union responses to neoliberal pensions reforms at Lancaster in 2011. In 2009, she began working as a lecturer in Trade Union Studies at the University of Leicester. Grady joined the University and College Union (UCU) in 2006, and became joint secretary of its University of Leicester branch in 2016. She then moved to work at the University of Sheffield, and became active in the UCU branch there, as its pensions officer. In 2018, she was elected to ...
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Trinity College, Cambridge
Trinity College is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. Founded in 1546 by King Henry VIII, Trinity is one of the largest Cambridge colleges, with the largest financial endowment of any college at Oxford or Cambridge. Trinity has some of the most distinctive architecture in Cambridge with its Trinity Great Court, Great Court said to be the largest enclosed courtyard in Europe. Academically, Trinity performs exceptionally as measured by the Tompkins Table (the annual unofficial league table of Cambridge colleges), coming top from 2011 to 2017, and regaining the position in 2024. Members of Trinity have been awarded 34 Nobel Prizes out of the 121 received by members of the University of Cambridge (more than any other Oxford or Cambridge college). Members of the college have received four Fields Medals, one Turing Award and one Abel Prize. Trinity alumni include Francis Bacon, six British Prime Minister of the United Kingdo ...
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Brexit
Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 Central European Time, CET). The UK, which joined the EU's precursors the European Communities (EC) on 1 January 1973, is the only member state to have withdrawn from the EU, although the territories of Greenland (part of the Kingdom of Denmark) previously left the EC in 1985 and Algeria (formerly French Algeria, part of France) left in 1976. Following Brexit, EU law and the Court of Justice of the European Union no longer have Primacy of European Union law, primacy over British laws but the UK remains legally bound by obligations in the various treaties it has with other countries around the world, including many with EU member states and indeed with the EU itself. The European Union (Withdrawal) Act 2018 retains relevant EU law as La ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ...
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2018 USS Pension Dispute
Eighteen or 18 may refer to: * 18 (number) * One of the years 18 BC, AD 18, 1918, 2018 Film, television and entertainment * ''18'' (film), a 1993 Taiwanese experimental film based on the short story ''God's Dice'' * ''Eighteen'' (film), a 2005 Canadian dramatic feature film * 18 (British Board of Film Classification), a film rating in the United Kingdom, also used in Ireland by the Irish Film Classification Office * 18 (''Dragon Ball''), a character in the ''Dragon Ball'' franchise * "Eighteen", a 2006 episode of the animated television series ''12 oz. Mouse'' Science * Argon, a noble gas in the periodic table * 18 Melpomene, an asteroid in the asteroid belt Music Albums * ''18'' (Moby album), 2002 * ''18'' (Nana Kitade album), 2005 * '' 18...'', 2009 debut album by G.E.M. * ''18'' (Jeff Beck and Johnny Depp album), 2022 Songs * "18" (5 Seconds of Summer song), from their 2014 eponymous debut album * "18" (One Direction song), from their 2014 studio album ''Four'' * ...
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USS Pension Fund Percent Funded
USS may refer to: Arts, entertainment, and media * Ubiquitous Synergy Seeker, a Canadian band * Universal Studios Singapore, a theme park in Singapore Businesses and organizations * Union of Sovereign States, the planned successor to the Soviet Union * Union Switch & Signal, a supplier of railroad switching equipment * Union Syndicale Suisse, the Swiss Trade Union Confederation * United Seamen's Service, a non-profit, federally chartered organization founded in 1942 * United State of Saurashtra, a separate, western State within the Union of India from 1948 until 1956 * United States Senate, the upper chamber of the United States Congress * U.S. Steel Corporation * USA Swimming, formerly United States Swimming, the national governing body for competitive swimming in the US * Universities Superannuation Scheme, a pension scheme in the United Kingdom * United Peasant Party (''Ujedinjena seljačka stranka''), a political party in Serbia Computing * Unformatted System Services ...
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UK Pensions
Pensions in the United Kingdom, whereby United Kingdom tax payers have some of their wages deducted to save for retirement, can be categorised into three major divisions – state, occupational and personal pensions. The state pension is based on years worked, with a full 35-year work history yielding a pension of £203.85 per week. It is linked to the Consumer Prices Index (CPI) rate. Most employees are also enrolled by their employers in either defined contribution or defined benefit pensions which supplement this basic state-provided pension. It's also possible to have a Self-invested personal pension (SIPP). Historically, the "Old Age Pension" was introduced in 1909 in the United Kingdom (which included all of Ireland at that time). Following the passage of the ''Old Age Pensions Act 1908'' a pension of 5/— per week (£, equivalent, using the Consumer Price Index, to £ in ), or 7/6 per week (£, equivalent to £/week in ) for a married couple, was payable to persons with ...
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