USS Staff Working Group
The USS Staff Working Group was established in May 2021 to discuss matters relating to the USS pension scheme, the ongoing USS valuation and inform the College's position. The group has representation from across the College, including a representative from UCU. Members were invited based on previous expertise or experience with pension schemes or due to engagement on pensions issues.
The group will meet regularly throughout the 2023 valuation cycle to:
- Seek input and feed into consultations the views of their peers to help form College responses
- Review the College's responses to surveys and consultations and to advise and support development of College approach to the USS valuation
- Debating and contributing to support the development of options arising from the valuation process
- Advising on the approach to communication through the valuation process
- Providing an interface with other relevant areas and networks
The group is chaired by Professor Richard Craster, Dean of the Faculty of Natural Sciences. As the group meets, updates on their meetings will be posted on this page.
Group membership
Professor Richard Craster
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Professor Richard Craster
Dean of the Faculty of Natural Sciences, Chair of USS Staff Working Group
Professor Alessandro Astolfi
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Professor Alessandro Astolfi
College Consul for Faculty of Engineering & Business School
Professor Axel Gandy
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Professor Axel Gandy
Chair in Statistics, Department of Mathematics
Dr Emma Watson
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Dr Emma Watson
Department Manager, Department of Brain Sciences
James Andrewes
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James Andrewes
Education Office Manager, Department of Life Sciences
Dr Charlotte Kestner
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Dr Charlotte Kestner
Principal Teaching Fellow, Department of Mathematics
Professor James Sefton
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Professor James Sefton
Chair in Economics, Imperial College Business School
Paul Brown
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Paul Brown
Mechanical Instrumentation Workshop Manager, Department of Physics
Dr Prashant Srivastav
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Dr Prashant Srivastav
Lecturer, National Heart and Lung Institute
Dr Sina Stapelfeldt
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Dr Sina Stapelfeldt
Lecturer, Department of Mechanical Engineering
Dr Thomas Ouldridge
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Dr Thomas Ouldridge
Senior Lecturer, Department of Bioengineering
Daniel Mitelpunkt
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Daniel Mitelpunkt
Head of Digital Lab, Academic Services
Support to Chair and Working Group
- Audrey Fraser – Deputy HR Director (Strategic Partnering and Reward)
- Carey Southward – Head of Pensions and Benefits
- Elizabeth Nixon – Head of Internal Communications
- Olivia Anderson – Reward and Policy Adviser
Total Remuneration Working Group
The USS Staff Working Group provides feedback and advice to the broader Total Remuneration Working Group, which discusses matters relating to the College's Total Remuneration Package. The group is led by the Provost, Professor Ian Walmsley.
Meeting Notes
Meeting one
Wednesday 29 March 2023
At the group's initial meeting, the members examined the 2023 USS valuation timeline and deliberated on the potential outcomes, offering what they hoped for. Additionally, the increase in contributions and benefits was discussed, considering the possibility of conditional indexation and understanding how such an approach would compare to the current workings of the scheme.
Meeting two
Friday 02 June 2023
The group met to discuss the potential implementation of Conditional Indexation within the framework of the USS scheme. The discussion explored both the benefits and drawbacks associated with Conditional Indexation. To conclude, the group members agreed that they were in support of UUK and USS, completing the further exploration of conditional indexation modelling that would incorporate regular assessments while ensuring the associated costs remain reasonable. The group also emphasised the importance of developing a transparent and easily understandable model that could effectively rebuild trust among all stakeholders involved.