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Pensions

CLICK HERE for the very latest briefings on the UNISON Scotland site


Pensions campaign latest

11 January 2012: Scottish pensions Bulletin No 29 - January 2012

Pensions - next stage in Scotland
Local government
Health
STUC Pensions Justice campaign
Industrial action

10 January 2012: Pensions negotiations - update from UK summit

UNISON members give green light to pensions negotiations - see UK news release
UNISON activists have voted to give the union s negotiators the green light to continue discussions with government ministers on changes to public sector pensions.

Dave Prentis, UNISON General Secretary said: We will continue to campaign to secure the best possible deal, which our members will then be consulted on. Should negotiations fail, our industrial action ballot, which remains live, gives us the option to take more strike action. 

Convener calls for 'distinct Scottish solution' - see UNISON Scotland press release
UNISON Scottish Convener Lillian Macer said: "As the Scottish Government has the responsibility to address these issues in Scotland we call upon Scottish Ministers to explore a distinct Scottish solution for the public service workforce."

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March and Rally 30 November Strike Day. 11.30, Johnston Terrace, marching to Scottish Parliament Click here for more rally details across Scotland

Ballot turnout: What's good for the Lib Dem goose...
(5/11/11 on the unofficial UNISONActive blog)

UNISON members have voted overwhelmingly in favour of strike action to protect their pensions. Click here for details

Pensions Dispute: Click here for Frequently Asked Questions

More questions answered

Will a one-day strike save our pensions?

The one day strike is a start. General Secretary Dave Prentis has been clear that it will take more than that but it will be a carefully planned strategy. The one day is an essential kick-off to this.

The key element is that a yes vote will give our negotiators more strength. The Government so far has not been taking talks seriously.
A Yes Vote would mean:

  • We send a powerful message to government
  • We show solidarity with all public sector unions balloting or preparing for industrial action on November 30th
  • We give negotiators new strength to support our demands

Is there a ready-reckoner to see how much I'll lose out of my pension?

It is difficult to show calculations for pension because people's situations vary. But some figures are clear....

Less benefits due to RPI to CPI move:
Because of the change from RPI to CPI, the average public service pensioner loses £117 a year and that is cumulative. Even Lord Hutton conceded there would be a 15% loss in benefits.

Career Average instead of Final Salary:
Plans to move to a 'career average' pension instead of final salary could see a huge drop in your pension. That involves:

  • Step 1 - Earn % of salary as pension for each year you work
  • Step 2 Then re-valued  every year until you retire by a specified Index  Hutton recommended average wages
  • Step 3  Add up all the re-valued  pots at retirement and this is your final pensionable pay that is used to calculate your pension.

To get roughly equal to what people get now, the pension would have to accrue at about 1/55th of salary. Currently the Scottish scheme accrues at 1/60th. The government plans suggest somewhere beteween 1/65th of salary to 1/100th meaning much less in retirement while paying much more.

Work longer, pay more and get less!
Pension age increases on top mean you'll pay more, work longer and get less!

Plus: If you are in the groups facing the 3% rise in contributions on the average 6% people pay, it actually means 50%. If you currently pay £100 a month, you would have to stump up another £50 - and that will not even go into the pension fund, it will go straight to the government! (This does not apply at this stage to Local Government in Scotland)

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See the UNISON Scotland Pensions pages for briefings, powerpoints and leaflets

See the UNISON UK site for