Protesters marched through Liverpool this afternoon in a stand against what they describe as "unjust" pensions cuts.
The protest gathered at University Square on Brownlow Hill at midday before marching with placards down to Derby Square, culminating outside the Liver Building, headquarters of the Universities Superannuation Scheme (USS), the country's largest private pension scheme. The action, organised by the University of Liverpool branch of the University and College Union, is part of a long-running, national dispute over proposed cuts to university and college staff's USS pensions.
Changes to the pension scheme, proposed by the university employer body Universities UK (UUK), could see a "typical lecturer" lose more than a third of their guaranteed retirement income, according to the UCU. A UUK spokesperson described the proposed pension changes as "the only viable plans under current regulations", but the union calls them as "unjust" and "unnecessary".
