The USS trustee board met on 22 July 2010 and considered the package of proposed scheme changes recommended by the Joint Negotiating Committee following its meeting on 7 July 2010. "After careful consideration of the JNC’s recommendation, the trustee board confirmed its acceptance of the proposed scheme changes, concurring with Sir Andrew’s view that they are in the best, long term interests of the scheme as a whole", the USS Press statement said. A period of consultation will commence in September and a summary of the proposed changes can be read on the USS website. UCU has launched a campaign to resist the changes and is set to ballot its members on industrial action, calling the move an "employer-generated assault on the final-salary Universities Superannuation Scheme". The BBC reported the facts, as did much of the pensions press, but no one is offering much opinion, except a few correspondents in the THE.
