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April 5th, 2018:

UCU consultation on UUK proposals – information for Southampton UCU members, 5 April 2018

As you will know from UCU emails and, if you are following the debate on Twitter, from numerous blogs and Twitter threads, members now must take part in an e-ballot on the choice whether or not to accept UUK’s proposal for a Joint Expert Panel. The consultation opened Wednesday 4 April at 12 midday and closes at 2pm on Friday 13 April.

You should receive a personalised link to the e-ballot. Do not delete this email: it has your unique voting link in it. If you have not received an e-ballot email, the quickest way to resolve this is to request a new ballot using the form below. Will help to have your membership number ready (can be found via the MyUCU portal on the UCU webpage).

We will have an informal Branch Meeting on Friday 6 April (4pm, 02 / 1089 [L/T D], Highfield) and an EEGM Wednesday 11 April (3.30pm, LT/B, Avenue). MEMBERS ARE ENCOURAGED TO ATTEND BOTH MEETINGS IF POSSIBLE. Friday’s meeting will be a chance to let us know your views prior to the formal meeting on Wednesday.

The e-ballot consultation is on the UUK proposal made on 23 March 2018: whether to accept the proposal and suspend our action, or to reject it and continue the strike. The proposal outlines a new forum for reaching consensus; it does not constitute a definitive offer regarding our pension:

  • UUK have proposed a joint expert panel (JEP), nominated in equal numbers from both sides, to agree key principles to underpin the joint approach of UUK and UCU to the valuation of the USS fund. The JEP “will make an assessment of the valuation” and make a recommendation to the JNC aimed at providing a guaranteed [e.g. Defined Benefit] pension.
  • Future negotiations will “reflect the clear wish of staff to have a guaranteed pension comparable with current provision” and include discussions on “comparability between USS and TPS.”

Plus

  • The 100% Defined Contribution (January 2018) proposal is “off the table.”
  • The Pensions Regulator (tPR) has indicated in a letter to USS that they will engage with the JEP.

The branch executive are not yet recommending a position in this important vote – we will meet on Monday to see if we have a consensus based on current information; however, the USS Board meet on 11 April, and they will also need to endorse the proposal if it is to be workable. Above all, this is your pension and we respect the right of members to reach their own decisions. We will support the majority decision of our union following this democratic process. Your branch executive have a range of views regarding the vote and the proposals and we are happy to discuss these with you as personal opinions (with the caveat that we are none of us actuarial or pension experts).

We urge you to read the email from Sally Hunt about the consultation, sent 4/4/18, and consider the various briefing materials from UCU and colleagues in other branches:

Below we summarise the UUK proposal and the different sides of the argument, to the best of our understanding:

VOTE YES: 

If the majority vote YES then UCU will suspend the industrial action but keep our legal strike mandate live until the proposal is formally noted at the USS Board .

Reasons you might consider voting yes (to accept the proposals)

  • The offer of JEP and willingness to negotiate was a key demand – now met.
  • To suspend the industrial action – in the interests of students and colleagues, or in light of hardship/detriment. Accept that we can restart action if needed.
  • In the opinion of several lead negotiators, we have negotiated the best offer possible (the impact of strike was limited – we have not shut down the Universities and timing means less impact due to exam period etc. Note that some Universities are planning to strip out content from exams so students are not disadvantaged and this could reduce impact.)
  • The DB deal we were offered and rejected in March (1/85 DB accrual up to £42k, but with inflation revaluation only up to 2.5% CPI) represents some movement by UUK, notably in retaining commitment to DB in short term, and the offer to put in more money into our pension than they have before. This is a sign of willingness to move in the right direction.
  • This will take the 23 January JNC 100% DC option off the table.
  • Useful blog/information: Mike Otsuka

VOTE NO:

If the majority vote NO then UCU will continue with currently planned strike action (16 April onwards) and have a fresh ballot to escalate the action further in the Autumn. UCU will ask the employers to further improve their proposal so that it contains a ‘no detriment’ clause (to commit the employers to paying more into our pension to preserve current DB – their unwillingness to do this was a factor in bringing about the current dispute).

Reasons you might consider voting no (to reject the proposals)

  • More strike action could provide more leverage and stopping now may lose momentum and support.
  • The proposal is not a long term DB deal which many UCU members want.  (Reference in Jarvis’s letter to “meaningful” defined benefits is the language used to describe the DB deal rejected in March)
  • The JEP and valuation requires us to trust UUK and our employers.  The JEP may have little authority, no time-scale, and no way of reaching a decision. USS may not be able to delay submission of the 2017 valuation for the JEP so this may only influence the next valuation. This does not return us to the September valuation so the scheme may still be considered to be at risk of future deficit.
  • USS leadership may not accept JEP or JNC recommendations. USS might accept a move to Collective Defined Contribution (CDC) but this is not possible under current regulatory framework. CDC is not as good as DB. Accepting the proposal may open up CDC possibility.
  • Useful blog/information: Sam Marsh