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Pension liability

Universities warn of the consequences of spiralling Teachers’ Pension Scheme contributions

As Playbook has been rabbiting on about for months, if not years, a storm is brewing over the Teachers’ Pension Scheme. If you thought our long-running series of pensions analysis was set to come to an end now that the Universities Superannuation Scheme (USS) dispute has been resolved, you were mistaken.

It’s been a busy seven days. Amid the various regulatory rulings, the ongoing sparring between UK Research and Innovation and the government and the unveiling of a new science minister, we were unable to give the latest on the TPS the depth of coverage it deserved following a press briefing on behalf of university employers last week. Let’s put that right now.

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