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MUFG RSS’ pay offer falls short – urgent action needed

MUFG Retirement Solution’s (RSS) pay offer isn’t just disappointing – it’s among the worst in the sector. 

Here’s what they’re offering staff: 

  • 1 October 2025: 3% increase
  • 1 January 2027: 4.5% increase         
    (combined for 2026/2027 due to changes to the pay calendar)
  • 1 January 2028: 2.8% increase 

 

Take our quick poll

It’s critical we hear from you about how this offer compares to what you believe is fair. Take our quick poll to let us know your thoughts on MUFG’s offer and help shape the next steps in our negotiations

Take our quick poll

When compared to our colleagues in other workplaces, MUFG’s offer is among the worst in our industry. Here’s what other workplaces get:

 Year 1Year 2 Year 3 
Brighter Super5%4%3.5%
Cbus5%4%4%
HESTA5%4%3.5%
Australian Retirement Trust4%3.5%3.5%

 

It’s pretty clear that MUFG’s offer doesn’t stack up.  

If you’re not yet an FSU member, now’s the time to join. Together, we’re stronger and your voice will help secure a fair pay deal for everyone at MUFG.  

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