USS pensions: information and updates about proposed changes

The sector, USS Trustee and the Pensions Regulator are considering the outcome of an independent review of the financial health and cost of the USS scheme. We will publish further updates as information becomes available.

Background Information

The Trustee of the Universities Superannuation Scheme (USS) are consulting on increases to the contribution rates paid by both members and the University to maintain the current defined benefit scheme going forward, after the most recent valuation concluded that it has a significant deficit and the cost of providing further defined benefits has risen. 

UUK has published Five Key Facts with further information. 

Latest updates:

August 2019

Read the latest update on the conclusion of the 2018 USS valuation, after the recent meeting of the Joint Negotiating Committee (JNC) on 23 August.

To read the information in order, please see the drop-down updates listed by date on this page.

Latest presentations

Two presentations are available following the publication of the JEP report and staff briefings.

Mercer USS member contribution presentation (PDF, 805kB)

Staff USS JEP pension presentation (PDF, 270kB)

Questions and Answers

USS JEP staff briefing Q&A (PDF, 157kB) (October 2018). 

UUK has published FAQs for USS members (April 2018).

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