No, Universities Superannuation Scheme itself is not a PFIC.
Investment in a PFIC can result in additional tax liabilities and reporting requirements under US tax law.
Please note: The information described in this FAQ is based on USS’s understanding of US federal income tax requirements at the date of publication, is for general guidance only and does not constitute tax advice. It is not a legal document and does not explain all situations or eventualities. Any changes in US tax law or requirements and/or the USS Scheme Rules may affect this information. We recommend that members seek their own tax advice before making any decisions or refraining from making any decisions in relation to their USS pension/their US tax position.