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I’m planning to work in the NHS/increase my clinical role. What will that mean for my USS pension? FAQ
This depends on your contractual and work situation.
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This depends on the circumstances of your employment. We have a factsheet that covers absence in the resources area.
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It’s easy to take your pension for granted, but the more planning you do now, the more it could benefit you in the future.
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There could be a number of reasons why you're thinking of leaving USS. But whatever your reason, we're here to help you understand your options and what you need to do next.
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There could be a number of reasons why you're thinking of leaving USS. But whatever your reason, we're here to help you understand your options and what you need to do next.
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Employers are responsible for making sure that there’s enough money in the scheme to pay the benefits that they’ve promised to members. The covenant is the employers’ financial ability and commitment to support the scheme.
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We’ve given the Scheme Actuary’s Rule 76.1 report and the Trustee’s contribution determination to the JNC. At UUK’s request, we have also provided illustrative examples of how the current contribution rate (30.7% of payroll) could stay as it is by changing the benefit structure.
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If you were a USS member before 2016, you would’ve built your benefits in a different way to how you do now with the Retirement Income Builder and the Investment Builder. And if you left USS and later re-joined, you may have built up a mixture of benefits.
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If you were a USS member before 2016, you would’ve built your benefits in a different way to how you do now with the Retirement Income Builder and the Investment Builder. And if you left USS and later re-joined, you may have built up a mixture of benefits.