The union threatened to strike over a missed $50 million payment by subsidiaries of Yellow, which accused the Teamsters of breaching their CBA.
Union warns a strike is likely if the company shutters the defined benefit plan.
Although strikes are now suspended, legal mandates will stay live until pension scheme recognizes agreement.
Cambridge branch exec advises members to hold off until further clarity is presented.
Proposal calls for guaranteed pension comparable with current plan.
UCU gearing up for additional 14-day strike during exam, assessment period.
New proposals pitched in Tuesday meeting.
Universities Minister Gyimah calls on UUK, UCU ‘get back to the negotiating table, without preconditions.’
Two-month consultation for scheme members to begin end of March.
Strikes began Thursday over plans to remove defined benefit element from university employees’ pensions.
UCU plans four weeks of strikes after pension dispute talks end without a deal.