Sunday, May 18, 2014

Defend pension rights at Aberystwyth University

Solidarity and good wishes to UNISON members at Aberystwyth University, contemplating strike actionas a result of an attack on their pension rights.

The university is consulting on plans that would see the final-salary pension for 600 support workers at the bottom of the pay scale replaced with an insurance-based defined-contribution scheme.

The move would see some staff members lose 60 per cent of their pension pot.

Pensions are deferred pay and an attack on pensions is just a pay cut deferred into our old age, to take effect when we are no longer at work and able to resist it.

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