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The Academic Pensions Crisis

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The UCU is negotiating hard on your behalf to prevent the closure of your Defined Benefit USS pension scheme, and its replacement by a scheme dependent on the performance of your ‘investments’ rather than contributions. Independent analysis shows that a typical staff member stands to lose around £200 000 over their retirement, with most facing losses of between 20% to 40%.

The UCU ballot on strike action on the future of USS closes next week (Friday 19th). Ballot papers can be posted First Class as late as Wednesday 17th, or even the 18th.

On Wednesday, Amanda Williams (London and the East Higher Education Committee Member, and a member of the UCU Superannuation Working Group) will explain the underlying issues and answer your questions about the current dispute and the future of USS .

Members and non-members welcome.

For the latest on the dispute see here: www.ucu.org.uk/uss

This talk is part of the Cambridge UCU series.

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