Fight Back! News

News and Views from the People's Struggle


By Fabian Van Onzin

Student occupation at University of Stirling.

Glasgow, Scotland – As of March 17, for the last month, lecturers across the United Kingdom have been on strike in response to changes in their pension plans. The employers’ organization, Universities UK (UUK) are attempting to abolish the lecturers’ existing pension plans, which guarantees retirement based on their salary. They want to replace this pension scheme with one that would be determined by the stock market, which is highly unstable and does not guarantee retirement. The University and College Union (UCU) has argued that this new scheme would make lecturers lose over £10,000 a year, and £200,000 by the time of retirement – equivalent to about $280,000.