As you probably already know, following a disputed valuation of the USS pension scheme, our Employers’ are proposing to scrap final salary pensions and substantially reduce the pension of all USS members, including those on the new Career Average plan (CRB). If passed, these proposals will lead to the loss of tens of thousands of pounds for all USS members who are not near retirement, and even those close to retirement can expect a significant shortfall in their pension. As a result of this unprecedented attack on our pensions, UCU has declared a trade dispute and is currently balloting its members for industrial action. If an agreement cannot be reached, a YES vote in this ballot would allow us to take action short of a strike and/or direct strike action to put pressure on the Employers.
This decision was not taken lightly, especially in the light of the action over pay that took place only last year, and we want to make sure that members are well-informed and have every opportunity to have their say. Perhaps unsurprisingly, the Trent Building has the highest density of UCU membership in the University (well done us), so the Local Branch would like to call a lunchtime meeting on Wednesday 8 October, 1pm in Trent LG11 for all UCU members (if you have any colleagues who are not currently members, but would like to be involved, bring them along!). We’ll have a short briefing on the Employers’ proposals, and there will be a chance to ask questions, share opinions and discuss concerns.
Please do come along and feel free to bring your lunch.