USS & Four Fights Strike Update
Additional Strike Days Announced
We will be taking an additional 5 days of strike action over USS & Four Fights from Monday 21st to Friday 25th March to put additional pressure on employers. Thank you to all our members who’ve been part of the action.
Picket Details
We will be picketing the gates of Loughborough University again from the 21st to 25th March. Picketing will start at 8am and conclude around 11am. Please let Marc Gibson know if you will be able to join the pickets.
Re-balloting of Members
Our current strike mandate runs out on the 3rd of May and the UCU HEC have decided to re-ballot all members at Loughborough (and the 148 other HEIs) on both Four Fights and USS to extend the strike mandate. The ballot will open on Wednesday 16th March. Please check your postal details are correct on MyUCU now, and please look out for your ballot pack arriving in the post. It should contain 2 ballots, one for USS and one for Four Fights. Please complete both and return as soon as possible. The ballot period will close on Friday 8th April.
USS Legal Action – Crowdfunding Appeal
This is a joint effort from many university branches who believe in fair pensions and a living planet. Its organising group includes Dr Neil Davies, Bristol UCU, and Dr Ewan McGaughey, KCL UCU and the below is taken from their latest update.
We wanted to update you about the legal action against the USS directors over cuts to our pensions and management of the USS. As you may have heard, we won our first oral hearing, and now we need to raise more to cover costs for the next on 28 March.
If you can donate it will make a huge difference. The current pensions cuts leave many of us £100,000’s worse off in retirement (see modeller). If we win, we could get an injunction against the cuts that will happen on 1 April. We have 3 weeks to save the pension, so please donate now, and share with everyone you know!
Legal case progress to now – In August last year, we raised £50,000 to start legal action against the USS directors. Many thanks to the over 1700 people who contributed. These donations paid for our legal team to develop our claim, which we submitted last Autumn. On the 28th of February, our barrister presented the case at an initial hearing at the High Court judge and requested permission to proceed to the next stage – a full contested hearing. We were successful, and the judge recognised the urgency of our claim and granted us a contested hearing on the 28th of March. He ruled that we have a prima facie case and that we were acting in good faith. If we are successful at the next hearing, we will be able to proceed with the legal action against the directors, which may be paid for by USS Limited (the company that runs our pensions). We have four claims:
- That the 2020 valuation was flawed and unnecessary
- USS costs are excessive
- The changes discriminate against women, younger and minority colleagues
- The USS has failed to have a credible plan to divest from fossil fuels, and this causes significant financial detriment
Crowdfunding – However, to proceed with the next hearing, we urgently need to raise more money to cover the legal costs of the full hearing. So we would be very grateful if you could contribute to our crowdfund. Time is short, so if you could donate here asap – we would greatly appreciate it! If there is any money remaining in the crowdfund after the legal action is complete, we will use it for further legal action over the USS, for example, seeking judicial review of The Pensions Regulator. If there are no further legal options, or we get everything we want (a reasonable valuation, a cost-effective pension scheme, a pensions proposal that is not discriminatory, and divestment from fossil fuels), then we will donate any remaining funds to a charity.
LUCU Committee