By Mark Campbell (pc)
Downloading PDF. Please wait... Issue 2286

Lecturers discuss government pension plan

This article is over 10 years, 0 months old
The national executive of the UCU union was set to meet this Friday to determine its response to government proposals in the Teachers Pension Scheme (TPS).
Issue 2286

The national executive of the UCU union was set to meet this Friday to determine its response to government proposals in the Teachers Pension Scheme (TPS).

The main teaching unions which represent the bulk of TPS members—the NUT and the NASUWT—have rejected the deal. The government’s offer has barely changed since before 30 November—and proposes a transfer to a career average scheme from the current final salary one.

It ignores the fact that higher employee contributions are due on 1 April when there will be a shift in inflation measures from RPI to the lower CPI. This will wipe thousands of pounds from the value of our pensions.

UCU Left has produced model motions for both the TPS and the ongoing USS pensions dispute. There will be a special higher education committee delegate meeting for USS branches on 31 January.

UCU general secretary Sally Hunt emailed members describing the proposals as “significant” and stated that the union will ballot members on this “final” offer.

Many executive members have endorsed a statement critical of this position and do not accept that the offer is significant enough to suspend industrial action.

The executive meeting will decide on the UCU Left’s proposals that we should reject the deal and meet with other unions to name a date for strikes as early as possible.

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