The credibility of the fund has been hugely undermined by the controversial way in which its assets and future liabilities have been measured.
But with an expert-led approach, which includes academic and actuarial voices, we could build a consensus on the real picture and avoid further conflict.
There are other issues too. UCU members have seen their pensions cut twice since 2011.
This latest iteration was simply the last straw. Unless there is a real commitment from the employers to restore trust now, many believe that we will be back again in three years’ time – death by a thousand cuts.
UCU members have made their views very clear this week.
They do not want to be on strike a moment longer than necessary, but the action will continue until they get a new and much improved offer from their employers.
Sally Hunt is general secretary of the University and College Union