The USS issue is horribly complex, so UCU pension reps. have been trying to come up with illustrations to make it clearer. This graph shows that reduction in total pension is between 100k and 200k for people born around 1990. Further graphs, calculations and data can be found here.
Total Pension Loss Estimates
Notice of Failure to Agree
Our regional rep., Mike Moran, has today sent the following notice of failure to agree to Karen Cox. It is the preliminary stage of a ballot for industrial action in our defence of jobs and working conditions, although we sincerely hope to get these reassurances without the need to go to ballot. Dear Professor …
UCU and UoK Joint Statement Regarding the USS Trustee and Valuation
Lines dividing the UCU and UUK positions regarding the 2020 USS Trustee valuation are regrettably becoming clearer. In an email sent yesterday, Jo Grady wrote that, rather than attempt to pressure the trustees into reforming their reverse-engineered and unjustified valuation, UUK ‘is proposing massive cuts to USS members’ retirement benefits and is consulting [our employers] …
Branch meeting – The Green Paper, TEF and Implications for Universities
Keynes Lecture Theatre 3 (KLT3) – 1pm, 10 December 2015 Jo Johnson, Minister of State for Universities and Science, has published a Green Paper setting out plans for Higher Education. These include making it easier for new providers to set up and old ones to leave HE, and a new Teaching Excellence Framework. UCU’s …