Strike for Universities Superannuation Scheme (USS): University & College Union's (UCU) higher education committee says serious and sustained industrial action is required in the face of damaging proposals from the employers which would effectively destroy the USS pension scheme. Over a four week period lecturers are due to take industrial action, for 2 days, 3 days, 4 days and finally the whole week.
WHAT EMPLOYERS’ HARDLINE PROPOSALS WOULD MEAN
- Final pensions would depend on how the stock market performs not on contributions.
- A reduction in retirement benefits by between 20% and 40% depending on grade and length of service. A typical lecturer stands to lose around £10,000 a year.
- The worst pensions in the education sector, far worse than those available to both school teachers and staff in ‘new’ universities.
- A recruitment and retention crisis as staff seek better financial security elsewhere.
STRIKING IS ALWAYS A LAST RESORT
No education professional wants to strike but we also deserve long-term security and our students deserve staff who are able to focus fully on the job. We have called for extended negotiations with the employers but, disappointingly, talks ended with the changes being imposed.
Staff feel angry and betrayed but even now we call on university leaders to work with us to find a solution and avoid widespread disruption for our students.
PLEASE SUPPORT OUR STRIKE
UCU members voted overwhelmingly for this action on the highest turnout this union has seen. We have been left with no choice but to take strike action and to withdraw the goodwill that the university relies upon but that has been taken for granted.