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Pensions

Pensions reform: new risks

Chancellor Jeremy Hunt, speaking at an International Monetary Fund meeting in April, said the pension system needs reform to ensure pensioners receive higher returns. That would seem to mean higher risk and more speculation.

Unprecedented strike action sweeps universities

27 November 2022

Three days of strike action are hitting virtually every university in the country, with action on 24, 25 and 30 November in the biggest walkout that the University and College Union has ever taken.

Carelessness and contempt

5 October 2022

During the past couple of weeks the government’s contempt towards its two main domestic creditors – the pension funds and the Bank of England nearly brought about a new, devastating collapse. 

Private school pension action wins

16 May 2022

Teachers in independent schools have taken successful industrial action in thier fight to stay in the Teachers’ Pension Scheme. Employers argued they could no longer afford increased contributions.

RMT fights government assault on London Transport

5 March 2022

With staff facing the prospect of job cuts along with a degraded pension provision as part of a wider attack on working conditions, over 10,000 RMT London Underground members in all grades took strike action on 1 and 3 March.

University employers reject UCU pension proposals

28 February 2022

Universities have rejected out of hand union proposals to secure the future of their pension scheme. This has angered the union and raises the stakes in the ongoing wider dispute about university pay and conditions.

Independent school teachers take strike action

23 February 2022

Teachers in 23 independent schools run by the Girls’ Day School Trust have started strike action after their employer said it would withdraw from the Teachers’ Pension Scheme. 

UCU steps up pensions and pay action

16 February 2022

Staff at 44 universities are on strike this week after university employers refused to withdraw cuts to the Universities Superannuation Scheme or accept the University and College Union's compromise proposals.

Refinery workers vote for action on pay and pensions

7 October 2021

Essar has picked a dispute at Stanlow refinery during a petrol panic, trying to go back on a pay deal and worsen pensions – provoking a furious and united response from the refinery workers, members of the Unite union.

Fightback against Nissan pensions attack

9 July 2020

Workers at Nissan Sunderland are fighting for pension rights shortly after celebrating the plant's long-term future. They are angered at the opportunistic attack by the company and refusal to consult.

University workers start strike action

25 November 2019

Classes at universities across Britain and Northern Ireland are being disrupted as staff begin an eight-day strike today. The action is due to last from 25 November until 4 December. 

Pensions: university bosses try it on again

7 September 2018

University managements are circulating a pension proposal to university workers for consultation based on fundamentally flawed assumptions about the economy and interest rates.

Truce in uni pensions fight

The long-running dispute over pensions conducted by members of the University and College Union (UCU) has been suspended after they voted by 64 per cent to 36 per cent to accept the employers’ latest proposals.

Truce in universities pensions fight

16 April 2018

The long-running dispute over pensions conducted by members of the University and College Union has been suspended after they voted decisively to accept the employers’ latest proposals.

University pensions fight takes off

28 January 2018

Strike action will begin in universities across Britain as academic staff fight back against the plan by the university employers to close their final salary pension scheme.

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