The Universities Superannuation Scheme will cut contribution rates on Monday 1 January.

The changes were voted through at the latest USS Joint Negotiating Committee and will see employee contributions fall to 6.1%, down from 9.8%. For a member earning £45,000 this will mean a monthly saving of £111 after tax.

This is the latest victory in a pension dispute that has seen UCU members take 69 days of strike action since 2018.

https://www.ucu.org.uk/article/13400/USS-pension-contribution-rates-to-fall-on-1st-January?utm_source=Mastodon&utm_medium=Social&campaign=ucuRISING

#UCU #USSPensions #ucuRISING

Members involved in our HE disputes should receive an email this evening about the formal consultations on pay & conditions and USS.

The email contains higher education committee (HEC) recommendations, negotiators' reports, full details of the proposals and a unique voting link.

HEC has recommended reject on pay & conditions, and to note on USS. All is explained in the email and supporting information.

We encourage all members to have their say.

#UCURising #UCU #HigherEducation #USSpensions

I’m voting no in the #ucuRISING eBallot.

The #ussPensions proposals are about good as they can be given the legal framework and should be put to a formal vote.

But there’s nothing in the #FourFights proposals to help members now w/cost of living and no clear future gains: R&R.