Friday 10 October 2008

Pay cuts for the poor.

The lowest paid staff at the University of Sussex are being threatened with a cut in take home pay. It's a result of changes to their pension scheme, which will mean an increase in their pension contributions, and a reduction in the University's contribution.

Naturally, people are upset about this, so Amicus members were out on strike today. Unison are balloting soon.

So, while the city fat cats are still getting their bonuses, the poor are being asked to pay the price.

[Edited to add]:

What the University should do is allow all its staff the join the same USS pension scheme. Then the interests of all staff, including senior management, would be aligned.

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