BREAKING: An industrial dispute over #pension cuts impacting thousands of university sector workers is set to escalate as employer-backed proposals to reduce guaranteed #pension benefits were ratified today.
BREAKING: The University and College Union (UCU) has told #USS university employers to expect more industrial action, including a marking and assessment boycott, after controversial cuts to guaranteed pension benefits were ratified.
NEW: UCU general secretary Jo Grady said University vice chancellors had today chosen to "steal tens of thousands from the retirement income of staff".
"This is a deplorable attack which our members won’t take lying down."
"This is a deplorable attack which our members won’t take lying down."
#UUK said following the conclusion of the 2020 #USS valuation, its focus could now return to "working collaboratively" on "alternative" scheme designs, a review of the scheme’s governance, and developing lower-cost options and flexibility to give members more choice.
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