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.