SUCU Branch News 2 Oct 2014
USS ballot – use your vote to defend your pension
You will have seen recent briefings about the USS ballot that starts today and closes on 20th October. Your paper ballot form will arrive during the next few days. The proposals will mean lower benefits, less guaranteed income in retirement, and a worse pension than colleagues in the Teachers Pension Scheme. Remember this is just the start and if they win this then future erosion is very likely.
- The huge ‘deficit’ is artificial – USS is healthy and growing. The USS projections involved are contested by UCU and we believe the employers’ proposals are a deliberate overreaction. Since 2011, the fund’s investments have grown by £8bn. Returns on investment have outperformed both average earnings and inflation.
- The employers can afford it – Pre-92 institutions are doing well. There is simply no case for the pensions they offer to be inferior to those offered by new universities.
General Meeting 14th Oct 1pm in the Council Chamber, Octagon Centre
Sheffield March and Rally in support of Public Sector strikers Tuesday 14th October
Sheffield Trade Union Council is organising a march and rally in Sheffield in support of the public sector strikes taking place that week across the country. Local Authority workers in UNISON, GMB and UNITE are taking a day’s strike action over pay restraint which has seen their pay fall in real terms faster than any other group of workers
Assemble 1100hrs Devonshire Green. Speakers at 1115hrs. March sets off 1130hrs. 1230hrs arrive at City Hall steps Barkers Pool for final rally and speeches. Close 1330hrs.
Regional coach to TUC Britain needs a pay rise demo, London, 18 Oct 2014
SHEFFIELD: depart 7.45am – Paternoster Row (near Showcase Cinema) S1 2BX