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Staff pensions would remain attractive.
The information that UUK has produced to explain the scale of cuts to staff pensions has also been labelled misleading by the University of Oxford.
Michael Northmore Staten Island, Jan . 24 , 2011 To the Editor: We simply cannot afford the salaries of extra members, staff, pensions and Cadillac health care coverage.
The Department for Transport has barred Stagecoach, Virgin's joint venture partner, from bidding for three new franchises – including West Coast – in a row over rail staff pensions.
The government has caused this confected "crisis", and it is the university employers who are seeking to take advantage of it to get staff pensions off their books.
The bill would cover the UK's share of EU staff pensions, unpaid bills on infrastructure projects, and the cost of decommissioning nuclear power plants.
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Just over half are held for the benefit of the staff pension fund.
Costs continue to be cut, while uncertainties surrounding the company's staff pension scheme have eased.
Many more are invested in property funds through insurance and pension companies, such as through their staff pension scheme.
Brendan Barber, the TUC's general secretary, said: Employers often tell us that decent staff pension schemes are no longer affordable.
One of the biggest challenges facing the new owners is the BHS staff pension deficit, which is estimated to stand at around £130m.
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