Revolt in the degree factory
On Monday 12 March Universities UK and the University and Colleges Union (UCU) announced they had reached an âłagreementâł at ACAS in the ongoing dispute over the USS pension scheme. As details of the âłdealâł came to light UCU members across the country were at first confused as to why the UCU would have agreed such a deal, and then angry. Ten days of strikes had forced employers first into negotiations, then into making an offer. But the offer was a bad one. Pension contributions would go up to 8.7% from 8%; the accrual rate would go down to 1/85 salary a year from 1/75, and pensions would only...