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Felicity Callard @felicitycallard
, 16 tweets, 12 min read Read on Twitter
Shall we place bets on the likelihood of a certain pension consultancy being involved in this @etymologic? #USS
In comparison with solidarity that stretched across university sector during #USSstrike, Trinity College Cambridge, one of richest educational institutions found anywhere, makes entirely selfish decision to pull out of #USS through invoking spectre of the 'last man standing' risk
Since #USSstrike, many Oxbridge fellowships have fought back against pensions decisions that hadn't gone through Governing Body

eg see King's College Cambs great #JEP statement…’-jep’s-report

Let's hope Trinity College fellows contest this attack on #USS
Huh, I'm now thinking back to that paragraph in Pinsent Masons piece on #USS this August. Do other institutions asides Trinity have plans in the works to leave #USS?… screen shot from website linked to in tweet
“Even today’s level of underfunding in USS pension scheme is a smouldering threat to the best UK unis & their endowments”: Trinity don Marenbon’s sentence, in THE piece (H/T @acupunctureUSS) deeply opposed to #USSstrike, resonate anew given Trinity plans…
The huge question that hangs in the air is which actors have been advising Trinity in the course of their plans to leave #USS. We would recommend for context that you (re)read 1. @MikeOtsuka’s
Ah ha! Things have moved on: now clear that Trinity College is being advised by XPS (previous name: Xafinity), the pension consultancy at the heart of the 'collaboration' amongst the Cambridge bursars that helped undermine the #USS 2017 valuation
So the leak of Trinity College's plans to exit #USS is being termed #Trexit ()

Well here's a game for you, as we head towards this week's #Brexit vote.

Are the following taken from #Trexit or #Brexit papers?
We want to:

'take control of our own pension arrangements' #Trexit… screen shot from website linked to in tweet
We want to avoid:

'los[ing] control of [our] own destiny' #Trexit… screen shot from website linked to in tweet
We are aware that other entities:

'have an underlying incentive to game ... and free ride on the other[s]' #Trexit… screen shot from website linked to above
Also check out how pension consultancy XPS/Xafinity imagines very low probability events – and thereby conjures up visions of disaster.

It models disaster scenarios that might unfold if #USS fails -- and then the entire sector fails.… pp. 10–11
If anyone has any thoughts about what might have provoked (consciously or unconsciously) Trinity College's own code name for #Trexit project


do weigh in.

#lootedBeninBronze (#Okukor, still at Jesus College)
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