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Pay and pensions fights ahead

Over 40 members attended a branch meeting on July 20th to hear UCU National Executive Committee member Denis Nicole outline the current position on pay and pensions.

Pay

The employers have increased their offer to 1.7% but made no meaningful concessions on either the gender pay gap or casualisation. Members are now being consulted in an e-ballot on whether to accept the offer or not. The deadline for voting is July 28th. If you have not received an email containing your link to the ballot check your junk mail and if you still can’t find it contact UCU head office.

Pensions

As predicted, the employers are coming back to make further detrimental changes to the USS pension scheme. In 2014 the employers introduced a new Defined Contribution element to the scheme for earnings over £55,000. Defined Contribution schemes provide no guarantee of pension benefits. UCU managed to mitigate some of the worst elements of the employers’ proposed changes, but now they say the scheme’s assets are insufficient to meet future payments, UCU disputes the method used to value the scheme’s assets. It is likely that members will be called on to take action to defend pensions at some point during 2017-18.

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