Pensions Considerations For Students' Unions

While SUs have a variety of more pressing matters to consider, pensions are often the largest liability a SU carries.

Why should SUs care about pensions?

Pensions are not typically at the top of many Students' Unions (SUs) agendas; we understand there are a variety of pressing issues SUs have to deal with and, like many other employers, pensions naturally take a backseat.

However, pensions often represent one of the largest liabilities on an SU's balance sheet and managing these liabilities is a key responsibility for SU Trustees.

In this article, we consider some of the main pensions issues SUs face including:

• Managing Students' Union Superannuation Scheme (SUSS) liabilities