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Further confirmation of #USS's "large and demonstrable mistake" regarding Test 1. See this chart prepared by @Sam_Marsh101 for Sheffield's USS Working Group. The important figures are in row 1. 1/ 
See now for a clear statement by @GuyCoughlan, #USS's Chief Risk Officer, that Test 1 is supposed to test whether the gap between columns ONE and 3 of row 1 is not too large. 2/
"...when we add in future expected returns, plus future contributions..."
👆That is exactly what the figure in column ONE of row 1 does! /2
👆That is exactly what the figure in column ONE of row 1 does! /2
