USS pension scheme – more proposed changes afoot

Members of Southampton UCU are invited to attend the branch Annual General Meeting which is being held from 1.00pm – 2.30pm on Thursday 19 June in room 34/3001 (education building), Highfield.

The meeting will discuss the rumoured proposed changes to the USS pension scheme.  These changes, if implemented, will have serious implications for your pensions and we would like an opportunity to hear your views.  We shall be joined by Dennis Leech, Professor of Economics at Warwick University, who will discuss the potential impact of these changes and what this means to you. 

The recent Times Higher article discusses the end of final salary pension and a move to the career average scheme, a cut of 6% in pension received under the CARE scheme and an increase in pension contributions.   Read it here:   http://www.timeshighereducation.co.uk/news/is-it-the-end-for-uss-final-salary-pensions/2013456.article 

Please come along and join in the discussion.

Also at the meeting, we shall be electing officers to the local Executive committee.  If you would like to nominate yourself for one of the posts please contact Amanda at ucu@soton.ac.uk for a nomination form.  Posts for election are:  President, Honorary Secretary, Membership and campaigns secretary, Honorary Treasurer, Safety officer, Environmental officer, Equality officer, fixed term contract officer, postgraduate and SUSU liaison officer, academic-related staff officer, and four ordinary member posts. 

We look forward to seeing you on 19 June.