Firstly - confirmation that the Reigate Heath Walk will go ahead tomorrow Monday 5th September. Details...
Pension Triple Lock
The Branch Committee has sent this resolution to the UCU General Secretary:
This UCU London Retired Members branch committee notes with concern Baroness Altman's recent attack on the "Triple Lock" guarantee that the State Pension will rise by either the CPI, earnings or 2.5%, whichever is the greater. This is not just a concern for today's pensioners. Future generations of pensioners seem likely to be increasingly dependent on the State Pension. Women in particular are disproportionately dependent on the State Pension. We recognise that the 2.5% minimum increase has its origins in the fact that British pensions are amongst the lowest in Europe and the OECD and that there is a need to bring the State Pension above the poverty level. We therefore call upon the UCU to campaign for the retention of the Triple Lock alongside the National Pensioners Convention and the TUC.