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The USS Trustee Board has confirmed to UUK that 31.2% of pay would be needed to fund the package of benefit changes they have put forward for consideration.

Universities Superannuation Scheme (“USS”), the UK’s largest private pension scheme by assets under management, is today announcing important interim targets to achieving its ambition to be net zero for carbon generated by its investments by 2050, if not before.

An archive of information from the 2017 valuation.

Find out how revaluation is applied to your Retirement Income Builder benefits.

Our valuation for 2020 will be based on a 'snapshot' of the Scheme on 31 March 2020. However, the process itself will run well into 2021. By law, we must complete it within 15 months - so by 30 June 2021. There are a number of milestones we need to reach on the way, set out in this timeline.

If you've stopped paying in, but not retired, this session covers what you need to know about.

Professor Sir Paul became a Director of Universities Superannuation Scheme Limited on 1 September 2020. He’s also a member of the Governance and Nominations Committee.

A Tapered Annual Allowance (AA) is lower than the standard AA and applies to those on a higher income.

Important notice