University pensions: ‘If something cannot go on forever, it will stop.’ PART II: WHY IT IS SO HARD TO DELIVER CHANGE
This is the second in a series of three blogs that HEPI is running yesterday, today and tomorrow on the state of university pensions and particularly the Universities Superannuation Scheme (USS). Salary costs already make up 59% of the higher education sector’s operating expenditure. If USS contributions were to rise…