Spark Newspaper February 2018

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M O N D AY 12 FEB 2018

VOL 76 ISSUE NO. 2 FREE

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S T U DY S PAC E S Where can you study on campus now?

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C A M P U S FA S H I O N Featuring a range of the best student outfits.

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C R E AT I V E C O R N E R An exclusive look at a published story by one of our students!

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GO FOR GOLD Get yourself acquainted with Knight’s new Accreditation scheme.

NICK SELENSKEY

Four week lecturer strike after pension row EMER SCULLY Print Editor

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UNDREDS of lecturers will leave their desks for four weeks next month after a row over pensions caused 86% of University of Reading staff to vote for strike action. 361 lecturers voted in favour of going on strike after changes to the Universities Superannuation Scheme (USS), a private pension scheme for universities, meant lecturers could see their pensions fall by almost £10,000 a year after

retirement. Lecturers will stop working for four weeks from Thursday, February 22 after a ballot organised by the University and College Union (UCU) saw 86.2% of staff at the University of Reading, and an average of 88% over 61 other UK universities vote for strike action. The new pension scheme will scrap guaranteed pension benefits in favour of a defined contribution scheme, which will leave retirement income down to the returns made from investment in the stock

market. A study by financial advisors Tilney suggest the final pension lecturers can now expect will be worth 20% less than before the change. Jerome Cox-Strong, 3rd Year English Literature: “As I see it, this planned industrial action is absolutely necessary, both to combat the specific measures being forced through by Universities UK (UUK), and to prevent a broader slide towards ever more privatisation of universities. “The specific measures would see an end to the cur-

rent USS pension scheme for lecturers and support staff, with funds instead being put into stock market speculation. “Even in a best case scenario, such a scheme would leave lecturers worse off upon retirement, and given the current financial climate and instability, we’re not really headed for a best case scenario. “And at a wider level, the plans would see the standard of British Academia and university teaching fall in the long-term, as promising academics seek employment in

countries where they can find more financial stability. “This could in turn only negatively impact students at British universities. While the timing of the strikes will interfere with the crunch time of my studies and those of my peers, the industrial action is something I overwhelmingly support to protect the future of our universities.” However not everyone is on board with full strike action and one lecturer deemed the decision ‘too drastic’ at a time (continued on page 04...


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