Motion detail

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Motion

Motion title
Defending Defined Benefit
Meeting date
9 September 2021
Motion
5
Motion text

Conference notes the jump in USS asset values to about £85 billion.
Conference believes that:
1. All the evidence shows that current benefits can be paid from 26% contributions or less.
2. Affordability for lower paid members should be obtained by maintaining current benefits at lower costs.
Conference instructs negotiators to:
a. Defend current benefits for member payments no greater than 9.6% and payments for lower paid members of 0% and 4%.
b. Put forward demands for reform of scheme governance to increase UCU representation on the board of the USS Ltd, to increase transparency and improve oversight of the USS executive, and to withdraw the DB scheme from Master Trust regulation.

Proposing body
University of Dundee
Amended
No
Notes

Administrative info

Listing reference
2021/H/09-09/004/5