AGM 2014

This year’s Annual General Meeting takes place on Wednesday, Oct. 8th at 1pm in RHB 342.

Call for exec. nominations is now open – please email gucu-admin@gold.ac.uk with any nominations.

The agenda is as follows:

Goldsmiths UCU                                                       Annual General Meeting

8th October, 2014                                                                               RHB 342

 

AGENDA

  1. Reports from the President and Secretary
  2. Election of new representatives
  3. USS Pensions Dispute: guest speaker Simon Renton, UCU President
  4. Anti-Casualisation Campaign
  5. AOB

Notes

  • USS Pensions Dispute

UCU’s ballot on industrial action opened on 1 October and closes at noon on 20 October. If your ballot paper hasn’t arrived you can request one online at http://defenduss.web.ucu.org.uk/. The table below gives a few examples of what the proposed changes could mean:

Mid-career profiles – current and proposed total benefits converted to annual pension
Career profile Current USS final salary section (£) Employers’ proposals (£) Annual loss final salary section members
(£/%)
Age 40, joined scheme at 25, retires at 68 on salary of £45,954 £33,231 £27,978 -£5,253
-15.8%
Age 51, joined scheme at 36, retires at 68, final salary of £45,954 £25,235 £22,299 -£2,936
-11.6%
Age 40, joined scheme at 25, retires at 68 on salary of £54,841 £39,657 £32,316 -£7,341
-18.5%
Age 40, joined scheme at 25, retires at 66 on salary of £75,000 £46,050 £33,604 -£12,446
-27%
New joiner profiles – current and proposed total benefits converted to annual pension
Career profile Current USS career average section (£) Employers’ proposals (£) Annual loss career average scheme members
(£/%)
Age 25, joins now, retires at 68 on salary of £45,954 £26,158 £25,481 -£677
-2.6%
Age 36, joins now, retires at 68 on salary of £45,954 £20,597 £19,800 -£797
-3.9%
Age 25, joins now, retires at 68 on salary of £54,841 £30,007 £28,204 -£1,803
-6.0%
Age 25, joins now, retires at 68 on salary of £75,000 £31,917 £28,389 -£3,528
-11.1%

This will also mean your pension will be worth less than that of someone on the same salary and working in a new university but who is a member of the Teachers’ Pension Scheme (TPS) rather than USS. Even allowing for higher contribution rates in TPS, the difference is startling. Someone aged 40 with 15 years’ service who retires on £45,954 would have an annual pension worth 56% more in TPS than in USS.

  • Elections:

Executive committee:

President Tom Henri
Secretary Des Freedman
Treasurer Frances Renton
Membership Roger Green
Part-Time/Hourly Paid Rep Jamie Woodcock
Co-Opted Member Ben Levitas
Co-Opted Member Natalie Fenton
Health and Safety Rep Amanda Kipling
Health and Safety Rep Vacancy
Equalities Rep Deirdre Osborne
Environmental Rep Justin Davin-Smith
Learning Rep Mary Claire Halvorson

All departmental reps are also up for re-election. There are currently vacancies in Anthropology, Computing, Design, History, Media & Comms, Marketing and Music.

  • Anti-Casualisation Campaign

UCU have called a national day of action against casualisation on the 5th of November – see http://www.ucu.org.uk/stampout for more information. As well as being a significant national issue, this is important for us as a branch as we need to make sure that the terms of the agreement that the union negotiated for hourly-paid staff is kept to by every department.

For more information about any items, contact Ben Osborn, Branch Administrator, on gucu-admin@gold.ac.uk. Minutes from the meeting will be available at https://goldsmithsucu.wordpress.com/documents/meeting-minutes-and-motions/

poster edited

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