Pensions
Improved Funding Spurs UK Pension Giant USS to Propose Lower Contribution Rates
The proposed reduction would cut the combined employer and employee contribution rate to 16.2% from 31.4%.
Tag: Universities UK
Pensions
Union Threatens Strike Over Cuts at UK’s Largest Pension
The University and College Union says industrial action is now ‘inevitable.’
UCU Members Accept UUK Offer
Although strikes are now suspended, legal mandates will stay live until pension scheme recognizes agreement.
Regulation
UCU Members Vote on Summer Strike Suspension
Cambridge branch exec advises members to hold off until further clarity is presented.
UK Proposes Resolution to Resolve UCU Pension Dispute
Proposal calls for guaranteed pension comparable with current plan.
Newsmakers
UK University Strikes Continue after Union Rejects Pension Deal
UCU gearing up for additional 14-day strike during exam, assessment period.
UCU, UUK to Move Pension Talks to Acas
New proposals pitched in Tuesday meeting.
UUK Releases Open Letter to College Union, Calls for Tuesday Meeting
Two-month consultation for scheme members to begin end of March.
UK University Employees to Vote on Strike over Pension Changes
Union calls for strike over proposal to move participants into defined contribution plans.
Newsmakers
UK Higher Ed Employers Propose Switching USS Fund to DC from DB
Plan spurs call for strikes at major universities, including Oxford and Cambridge.