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Vice-chancellors have earned money from main pension scheme.

Vice-chancellors have earned money from main pension scheme.

Some of the highest paid vice-chancellors in the country have earned tens of thousands of pounds from the university sector’s main pension scheme, which is billions of pounds in deficit.

Dame Glynis Breakwell, the out-going head of Bath University, received £50,000 last year as chairwoman of the  Universities Superannuation Scheme's (USS) policy committee.  

She currently earns £468,000, making her the best paid vice-Chancellor in the UK, and will retire in August with a “golden handshake” of £265,000.

Sir David Eastwood, vice-chancellor of Birmingham University whose salary is £439,000, was paid £90,000 as chairman of the fund. 

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