Solihull College UCU Rotating Header Image

Pension Fund Attack Worse than at First Thought!!!!!


TPS under attack – Leaked paper shows Government plans for TPS worse than feared:

Government plans to reform teachers’ and other public sector pensions will be far more devastating than anyone imagined, it was revealed in a leaked Treasury paper published in yesterday’s Guardian newspaper. The paper confirms the Government’s intention to abandon the current teachers’ pension and introduce a massively inferior ‘career average’ scheme that would give members 1/100th of their career average pay for every year in teaching. It also shows that the Treasury proposals will mean members losing even more than figures shown in the UCU loss calculator. The Government says this may not be its final position but talks with unions are now 3 months old and the proposals now on the table are worse than feared. **WHAT YOU CAN DO**: branches have been asked to hold meetings on the TPS dispute, jointly with ATL wherever possible. Please make sure you attend your meeting. Read more here: and read the full Guardian story here: )

Leave a Reply

Your email address will not be published. Required fields are marked *