Academic activities at universities across the United Kingdom were
hit on Thursday Feb 22,2018 as lecturers from 57 universities joined in a strike action
against reforms to their pensions. The universities impacted include
some of Britain’s best known names, including Oxford, Cambridge and the
School of Oriental and African Studies (SOAS).
Members of the University and College Union (UCU) are protesting against changes that would end the defined benefit element of their pension scheme, which UCU estimates would leave lecturers around £10,000 a year worse off. The union says effort to reach out to universities have so far proved unsuccessful, with representatives refusing to engage and negotiate.
Universities U.K. argues pensions arrangements as they currently exist are unaffordable, and that with the Universities Superannuation Scheme having a deficit of £6.1 billion, an extra £1 billion would be needed to maintain current benefits, which would have to come from cuts to teaching, jobs and research.
Members of the University and College Union (UCU) are protesting against changes that would end the defined benefit element of their pension scheme, which UCU estimates would leave lecturers around £10,000 a year worse off. The union says effort to reach out to universities have so far proved unsuccessful, with representatives refusing to engage and negotiate.
Universities U.K. argues pensions arrangements as they currently exist are unaffordable, and that with the Universities Superannuation Scheme having a deficit of £6.1 billion, an extra £1 billion would be needed to maintain current benefits, which would have to come from cuts to teaching, jobs and research.
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