Negotiations update

UCU general secretary Jo Grady writes to members with the latest on the latest developments in the USS dispute. She reported:

'Our two grounds for dispute are:

• that our pension benefits be restored to the position before the cuts were imposed in April 2022
• that a prudent and evidence-based valuation of the scheme is conducted.

'Plans are currently underway to conduct such a valuation and we are confident that such a valuation would enable USS to restore benefits. However, we have yet to convince Universities UK (UUK) that an immediate restoration of benefits can be undertaken.

'We have been clear with the employers - failure to offer a serious resolution to the disputes will result in further and escalating industrial action in the New Year. While we are approaching talks with the hope of a successful outcome, we cannot pause making plans to escalate just because employers are talking. On this matter I will be in touch next week outlining next steps, our strategy for escalation in the 2023, and your role in that process.'

Further meetings with UUK are planned and members will be kept updated.