BBCNEWS BBC News December 1, 2021 14:24:00
A radical, radical change. many protesting say this is about protecting pensions, and say vice chancellors want to make changes to the scheme they are on based on a flawed evaluation of finances. our members are looking at a 35% cut to their guaranteed pension, and we are arguing it is not necessary. the key reason why is, the valuation that suggested there was a deficit and therefore a need to change, that was conducted in march last year. there was a global economic shutdown and obviously the pensions scheme has bounced back into much better health. universities uk, which represents iao inst...