Universities: Pensions
(asked on 26th February 2018) - View Source
Question to the Department for Education:
To ask Her Majesty's Government whether the Office for Students has the power to compel or direct universities to increase contributions to employee pension schemes to reduce funding deficits.
Answered by
Viscount Younger of Leckie
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 9th March 2018
Higher education providers are autonomous institutions and are responsible for their own pension provision. The Office for Students does not have the power to direct universities regarding contributions to their pension schemes.