Despite
strong support from the Greek people, in July 2015 the Greek government by Alexis
Tsipras gave in and accepted major further austerity measures in exchange for a
third bailout agreement with the Troika, consisting of the European Commission,
the European Central Bank and the IMF (The
Guardian, 13 July 2015). Against the background of a bitter dispute over
cuts employers in British Higher Education (HE) want to impose on the USS
pension scheme in pre-1992 universities (see Britain: Universities on Strike), here too, UCU negotiators felt they
had no other option but to accept an agreement, which involved major cuts (see UCU
‘agreement’, 12 March 2018). Nevertheless, pushed by its members, UCU
ultimately did not buckle and rejected the ‘agreement’. In this blog post, I
will analyse the underlying reasons for this different outcome.
Showing posts with label University and College Union. Show all posts
Showing posts with label University and College Union. Show all posts
Friday, 16 March 2018
Sunday, 11 March 2018
Asserting power: The political economy of USS pension fund valuations.
The
University and College Union (UCU) and the employers’ organisation of pre-1992
Higher Education institutions UUK are currently involved in an industrial
conflict over plans by the employers to impose draconian cuts to the USS
pension scheme. At the heart of the conflict is the valuation of the fund in
2017 by USS, apparently revealing a large deficit of about £6 billion, which
needs to be addressed. In this post, I do not want to engage in economics
arguments over how big the deficit actually is. Rather, I will focus on a
political economy analysis of the actual struggle over who is in charge
determining the criteria for the valuation in the first place. The valuation of
the health of the fund is not an objective, economic task. It is ultimately a
political decision on how to estimate the risk and especially on how to spread
the risk across staff and employers
Thursday, 8 March 2018
Striking for USS: four ways university managements have misjudged the situation.
The
University and College Union (UCU) and
the employers’ association for pre-1992 institutions UUK are currently locked into a
bitter battle over pensions in the UK Higher Education sector. Overall 14 days
of strike action have been scheduled for February and March (see Lecturers
on strike). To the surprise of the employers, support for lecturers on
strike has been strong resulting in a fragmentation of UUK. The University of
Oxford is only the latest in a line of universities changing their position (The
Guardian, 7 March 2018). In this blog post, I will identify four ways in
which the employers have seriously misjudged the situation.
Monday, 26 February 2018
Lecturers on strike
On
Thursday 22 February, lecturers at most universities in the UK went on strike.
They also stayed on strike on Friday 23 February. They will continue to do so
for three days this week, four days the week afterwards, and five days the
week after that. In total, unless the dispute is settled in the meantime, 14
working days will be lost to industrial action in an industry that seldom sees
action of any kind. In this guest
post, Steven Parfitt reflects on the
underlying reasons and wider implications for Higher Education in the UK.
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