Sir Keith writes to staff on USS!
In his most recent message to staff, Sir Keith has included some paragraphs on USS, picking up themes similar to those raised by Stuart Croft. He writes
“Unlike the former polytechnic universities where the majority of staff are members of a government-backed pension scheme which offers defined benefits, research intensive universities - so crucial to the UK's global competitive position and future prosperity - are facing significantly higher commitments on staff pensions.
In the regulated market in which we now find ourselves, this effectively represents government support of pension benefits to one part of higher education and its staff not available to others. This is not only unfair, it is a bias which weighs heavily against those institutions and their students being asked to make investments which are then unavailable for teaching and research.”