The consultation - what you can do

The statutory employer consultation on cost sharing opened on Monday 3 September at 9am and will run until 5pm on Friday 2 November.

This is your chance to tell your employer and the USS trustee what you think about the proposed cost sharing provisions, the proposed schedule of phasing in of higher contributions, and the removal of the employer match from 1 April 2019. Member contributions are proposed to increase from 8% to 8.8% of salary from 1 April 2019, with further increases to be phased in at 1 October 2019 (10.4% of salary) and 1 April 2020 (11.7% of salary).

By now you should have received a leaflet from your employer outlining the proposed changes and telling you how you can respond to them.

You’ll need to visit the employer consultation website, where you’ll find the response form and a host of useful resources, including:

Your response is important – it will be considered by your employer and by the trustee, alongside feedback from your colleagues, before any final decisions about changes to USS are made. All responses are anonymous, unless you choose to include your personal details.

You’ll need your USS member number and National Insurance Number to access the response form.

The changes have been proposed in order to address the rising cost of providing benefits to USS members, and to tackle the funding deficit in the scheme – both identified in the 2017 valuation.

The cost sharing provisions are a default process that takes effect when the cost of the scheme has increased and the Joint Negotiating Committee (JNC) does not reach a decision on benefit and/or contribution changes. The concept was first introduced through the JNC in 2011 at the request of stakeholders, and then amended in 2014.

Find out more about the proposed changes and see how they would affect your take home pay, before you submit your response.

Please note, where an employer has less than 50 UK employees, it isn’t required by law to consult.

For a glossary of our terms please see more information on our important terms page.

Published date: 4 September 2018