Headline terms of deal agreed at ACAS

  • DB remain place for next 3 years
  • Alternative scheme options to be considered for after this 3 yr period
  • Higher contributions from both employers and employees
  • Salary threshold reduced to £42K

https://www.ucu.org.uk/media/9300/Agreement-reached-between-UCU-and-UUK-under-the-auspices-of-ACAS/pdf/UCU_UUK_agreement_at_ACAS_12_March_Final.pdf

The IWGB believes that

1. this should be seen as a massive victory and vindication of prolonged industrial action 2. this offer still entails an unnecessary pay cut & erodes DB going forward.

NEVER ACCEPT THE FIRST OFFER! THEY WILL GO HIGHER! REJECT THE DEAL!