1. Motion to recommend rejection of the offer
This UCU branch believes that the current ‘potential agreement’ offer represents a major
cut in pensions. The offer accepts the parameters of the huge projected deficit, and cuts
pensions to fill this gap. As well as ending Final Salary, it concedes the principle of a
Defined Contribution element for contributions over £55,000 that allows the Employer to
cut their contributions to 12%, provides members with no certainty about the value of their
pension and paves the way for future concessions.
This UCU branch therefore calls on all members to vote to reject the offer, and to demand
HEC officers call hard-hitting industrial action to win the dispute.
We support the UCL UCU executive’s decision to host a national networking meeting to discuss the Pensions dispute to follow the UCU Education, Cradle to Grave Conference on 7 February.
Proposed by Lesley McGorrigan
Seconded by Hau Hing Chau
2. “This branch rejects the current proposals for uss reform. Although it represents an improvement for new
scheme members, that is only because the existing scheme is so poor for them compared with longstanding
scheme members. For longstanding scheme members, this is a 20% detriment or more. This branch resolves
to support a no detriment outcome for longstanding members and an outcome for newer members which
offers at least as good a pension as for longstanding scheme members. We collectively therefore reject
the divide and rule scheme promoted by the employers.”
Proposed by Jeremy Toner
Seconded by Colin Hendrie