Drop in net pay

[mtbc]

Aha, I now have something concrete against which to try budgeting: the Times Higher Education reports,

A lecturer on £46,414 a year – the median salary for the sector in 2014-15 – will pay an extra £1,175 a year (about £100 a month) owing to the twin changes from April if they are part of the USS career average scheme …

That's pretty much my position. Ouch. I am sure that our gym membership will be one casualty.

Update: Yes, our gym membership was a casualty.