Employers see to it that many will not be able to vote on pension changes
Members of the Universities Superannuation Scheme (USS) will be denied the opportunity to vote on changes to their pension scheme after the employers’ representatives rejected calls for a ballot of all affected members at a board of trustees meeting last Thursday.
The UCU said the decision to block the ballot was ‘anti-democratic’ and warned that if it was not reversed it would weaken the credibility the scheme has with its members.
The three trustees representing employees on the USS board proposed a referendum of all USS members on the changes proposed by the employers. The board nonetheless voted against a ballot and in favour of a much more limited consultation.