Statement: UUK/USS pensions survey
I wish to clarify the position of Fitzwilliam College in relation to the survey of employers by Universities UK, received on 1 September 2017, concerning the assumptions to be used for the USS technical provisions.
Because the survey was received out of Term, the response submitted by the College was explicit that “this response represents the opinion of the College Bursar regarding what the College is expected to conclude when the matter is debated next Term".
The draft response was discussed at a meeting of a senior College Committee in September, which agreed to the submission on this basis.
Professor Nicola Padfield
Master, Fitzwilliam College