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 firstname.lastname@example.org with any nominations.
The agenda is as follows:
Goldsmiths UCU Annual General Meeting
8th October, 2014 RHB 342
- Reports from the President and Secretary
- Election of new representatives
- USS Pensions Dispute: guest speaker Simon Renton, UCU President
- Anti-Casualisation Campaign
- 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
|Age 51, joined scheme at 36, retires at 68, final salary of £45,954||£25,235||£22,299||-£2,936
|Age 40, joined scheme at 25, retires at 68 on salary of £54,841||£39,657||£32,316||-£7,341
|Age 40, joined scheme at 25, retires at 66 on salary of £75,000||£46,050||£33,604||-£12,446
|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
|Age 36, joins now, retires at 68 on salary of £45,954||£20,597||£19,800||-£797
|Age 25, joins now, retires at 68 on salary of £54,841||£30,007||£28,204||-£1,803
|Age 25, joins now, retires at 68 on salary of £75,000||£31,917||£28,389||-£3,528
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.
|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 email@example.com. Minutes from the meeting will be available at https://goldsmithsucu.wordpress.com/documents/meeting-minutes-and-motions/