Deferred pension increase modeller 

If you have previously paid into USS, the 'deferred pension increase modeller' can be used in conjunction with the statement you received when you left, or a statement you may have received from USS since leaving the scheme. It allows you to calculate the value of your deferred pension at today's date, and to estimate the value at age 65 using an assumed rate of inflation of your choice.

 Open modeller

If you are experiencing technical problems with the calculator please see our help page or contact our webmaster if you can not find the solution. To verify that you have the latest version of Java installed on your machine visit http://java.com/en/download/installed.jsp.

How to use the modeller

You will need either:

1. the statement you received on leaving USS or;
2. a quotation you may have received from USS since leaving the scheme.

When you first open the modeller you will be asked to select which of these options applies to you and will then be presented with an input screen.

The fields shaded in blue are required fields.

The estimated benefits at age 65 are calculated using an annual pension increase selected by you. Click and drag the slider to see the effect of varying this increase.

Please note the following:

• Any benefits shown which have been projected to age 65 are estimated and have been calculated using an assumed rate of inflation. Any benefits payable will be increased up to retirement in line with the published pension increases which have been awarded by USS.
• This modeller is intended for illustrative purposes only. It should not be used for financial planning for retirement purposes. If you would like specific guidance, please speak to the pension contact at your institution
• If you choose to retire earlier than age 65 your benefits may be reduced. This modeller will not provide you with any figures other than those at age 65, if you require a quotation at any other age please write to USS.

Important note:

It is important to note that if you change your address at any time in the future you should provide USS with the appropriate details in writing, this is to ensure that our records can be updated accordingly and that there are no delays in paying your benefits when they fall due. You can also update your address details via the Notification of change of details form.