Strike nears in university pensions row

-

The first strike action for five years by university staff looks set to go ahead this week, as both sides involved in the row over pension changes remain in deadlock.

The Universities and Colleges Union (UCU) says that the Employers Pensions Forum (EPF) has rejected an offer of ACAS talks to resolve the ongoing dispute about reform of the university pension fund.

But the EPF, which negotiates on behalf of the universities, insists that the amendments still represent “a remarkably good deal” for the fund’s members.

The plans would see a career average scheme – along the lines recommended by Lord Hutton last week for the wider public sector – imposed for new members only, while existing members would retain their final salary pensions. However, existing staff will see their retirement age and personal contributions increase.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

EPF chair, Professor Brian Cantor said: “An enormous amount of work has gone into the development of this package of reforms. These changes were approved by the Joint Negotiating Committee in July 2010, and then by the USS Trustee Board, both of which involved full UCU representation. Since then UCU has repeatedly failed to engage in the established process for agreeing scheme changes.”

The union has planned strikes in Scotland on Thursday 17 March, in Wales on Friday 18 March, and in Northern Ireland on Monday 21 March. Staff in England will walk out on Tuesday 22 March and again on Thursday 24 March. Over one million students at 63 UK universities will be affected.

UCU general secretary, Sally Hunt, said: “Decent pensions are essential if the UK has any interest in retaining its best and brightest; they are not an optional extra. UCU members are prepared to take their first national strike action for five years because they see their pensions as deferred pay.

“Their pensions compensate for the lower salaries they receive carrying out research and teaching in universities than they would get if they chose to use their highly-specialised knowledge and skills elsewhere.”

Latest news

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Expat jobs ‘fail early as costs hit $79,000 per worker’

International assignments are ending early due to family strain, isolation and poor preparation, as rising costs increase pressure on employers.
- Advertisement -

The Great Employer Divide: What the evidence shows about employers that back parents and carers — and those that don’t

Understand the growing divide between organisations that effectively support working parents and carers — and those that don’t. This session shows how to turn employee experience data into a clear business case, linking care-related pressures to performance, retention and workforce stability.

Scott Mills exit puts spotlight on risk of ‘news vacuum’ in high-profile dismissals

Sudden departure of a long-serving BBC presenter raises questions about how employers manage high-profile dismissals and limit speculation.

Must read

Jeanette Makings: Auto-Enrolment – the countdown is on

When it comes to pensions, auto-enrolment (otherwise known as...

Faye Holland: Evidence Based HR

Businesses are increasingly recognising the importance of data across...
- Advertisement -

You might also likeRELATED
Recommended to you