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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 prior to 1992 (staff in the post-1992 universities are mostly members of the 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 Advisory Committee on University Grants. This research formed the basis of the predecessor of USS, the Federated Superannuation System for Universities, which was approved by the Board of Education and membership became compulsory ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Scheme
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. 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 plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. It is thought that career average pensions are fairer than final salary pensions, when people have not, for instance in their last few years of work, jumped up to management positions with much higher salaries: career average pensions mean 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 causes. Early life Arundhati Roy was born in Shillong, Meghalaya, India, to Mary Roy, a Malayali Jacobite Syrian Christian women's rights activist from Kerala and Rajib Roy, a Bengali Hindu tea plantation manager from Calcutta.Siddhartha Deb,Arundhati Roy, the Not-So-Reluctant Renegade", ''The New York Times'', 5 March 2014. Accessed 5 March 2014. When she was two, her parents divorced and she returned to Kerala with her mother and brother. For some time, the family lived with Roy's maternal grandfather in Ooty, Tamil Nadu. When she was five, the family moved back to Kerala, where her mother started a school. Roy attended school at Corpus Christi, Kotta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sally Davies (doctor)
Dame Sally Claire Davies (born 24 November 1949) is a British physician and academic administrator who was the Chief Medical Officer (United Kingdom) from 2010 to 2019 and Chief Scientific Adviser at the Department of Health from 2004 to 2016 and worked as a clinician specialising in the treatment of diseases of the blood and bone marrow. She was appointed Master of Trinity College, Cambridge, on 8 February 2019, effective from 8 October 2019. She is one of the founders of the National Institute for Health and Care Research (NIHR). 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 medi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 a Fellow of Trinity 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 then Regius Profe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 higher education institution, and then became the first member of her family to attend university, studying industrial relations at Lancaster University. 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 the union's national dispute committee for the Universities Superannuation Scheme The Universitie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinity College, Cambridge
Trinity College is a 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 either Cambridge or Oxford. Trinity has some of the most distinctive architecture in Cambridge with its 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. Trinity was the top-performing college for the 2020-21 undergraduate exams, obtaining the highest percentage of good honours. Members of Trinity have been awarded 34 Nobel Prizes out of the 121 received by members of Cambridge University (the highest of any college at either Oxford or Cambridge). Members of the college have received four Fields Medals, one Turing Award and one Abel Prize. Trinity alumni include the father of the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 maintains 50 foreign news bureaus with more than 250 correspondents around the world. 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, the BBC also has regional centres across England and national news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2018 USS Pension Dispute
Eighteen or 18 may refer to: * 18 (number), the natural number following 17 and preceding 19 * 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'' Music Albums * ''18'' (Moby album), 2002 * ''18'' (Nana Kitade album), 2005 * '' 18...'', 2009 debut album by G.E.M. Songs * "18" (5 Seconds of Summer song), from their 2014 eponymous debut album * "18" (One Direction song), from their 2014 studio album ''Four'' * "18", by Anarbor from their 2013 studio album '' Burnout'' * "I'm Eighteen", by Alice Cooper commonly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 35-year work history yielding a pension of £185.15 per week. It is linked to wage and price increases. Most employees and the self-employed are also enrolled in employer-subsidised and tax-efficient occupational and personal pensions which supplement this basic state-provided pension. 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 shillings per week (25p, equivalent, using the Consumer Price Index, to £ in present-day terms), or 7s.6d per week (equivalent to £/week today) for a married couple, was payable to persons with an income below £21 per annum (equivalent to � ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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