I am just writing to give a quick update on the pension strikes.
The story so far…
As you are hopefully aware, big changes to the Universities Superannuation Scheme (USS) pensions were announced at the end of January, which would mean an end to the defined benefit scheme and a probable loss of at least 40 per cent in the value of pensions going forward. It is a near certainty that SAUL would have been next. Continue reading